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Prime Tourism & Commercial Beach View Investment Opportunity-sale

Galle road, Kamburugamuwa
7000 sq.ft.
Rs. 90,000,000  ($ 274,487)

Overview

Property Type
Restaurant/Cafe
Bathrooms/WCs
2
Floor area
7000 sq.ft.
No. of floors
3
Availability
Available Now
Price per sq.ft.
Rs. 12,857
Car parking spaces
3
Age of Building
8+ years

Property Details

PRIME TOURISM & COMMERCIAL INVESTMENT OPPORTUNITY

Kamburugamuwa – Mirissa | Galle–Matara Main Road

A rare opportunity to acquire a three-storey commercial building, adjoining two-storey residence and 20-perch property strategically located facing the Galle–Matara Main Road in the highly sought-after Kamburugamuwa–Mirissa tourism corridor.

PROPERTY HIGHLIGHTS

- 20 Perches of Land
- Approximately 4,600 sq. ft. three-storey commercial building
- Adjoining two-storey private residence
- Ground floor currently operating as a restaurant / food business
- Reported gross monthly turnover of approximately LKR 18 million
- Upper floors currently used seasonally for selling food and beverages to tourists
- Approximately 500 metres to Kamburugamuwa Railway Station
- Approximately 5 minutes to Matara New Hospital
- Approximately 4 km between Kamburugamuwa and Mirissa
-To Kamburugamuwa beach is 3 minutes. Just across the Galle-Matara main road.
- The second and Third floors views the beach

A STRONG TOURISM REDEVELOPMENT POTENTIAL

The existing property provides an attractive opportunity for an investor looking to transform an established commercial property into a boutique hotel, guesthouse, serviced apartment or hybrid hospitality concept.

The existing three-storey building could potentially be redesigned to accommodate approximately 9 guest rooms, while the adjoining residence could provide a further 4 rooms.

With the addition of a swimming pool, upgraded guest facilities, restaurant/bar and attractive outdoor areas, the property could potentially be repositioned as a 13-room boutique hospitality property serving the rapidly growing Southern Coast tourism market.

WHY THIS LOCATION?

Kamburugamuwa is strategically positioned within the Southern tourism belt connecting:

Mirissa → Weligama → Midigama → Ahangama → Kabalana → Kataluwa → Habaraduwa → Talpe → Mihiripenna → Unawatuna → Galle

The surrounding area has experienced significant growth in hotels, villas, restaurants, beach tourism and hospitality developments.

The presence of major tourism developments, including the nearby Ritz-Carlton development, together with the established Mirissa and Weligama tourism markets, strengthens the long-term commercial potential of this location.

INVESTMENT CONCEPT

This property offers an investor the opportunity to:

Acquire → Upgrade → Rebrand → Add Rooms & Pool → Operate as a Boutique Hotel

The existing commercial income provides a foundation, while the property's location and existing structures create the possibility of unlocking significantly greater value through tourism-oriented redevelopment.

AN OPPORTUNITY FOR VISIONARY INVESTORS

Rather than purchasing vacant land and starting construction from zero, an investor can acquire an existing income-generating commercial property with additional residential accommodation and redevelopment potential in one of Sri Lanka's most established Southern tourism corridors.

Ideal for:
• Boutique Hotel Investors
• Hospitality Entrepreneurs
• Foreign / Sri Lankan Investors
• Hotel & Villa Developers
• Owner-Operators
• Property Investors seeking redevelopment potential

For price, title information, inspections and further investment details, contact our Strategic Real Estate Advisor.

NOBLE HOMES GALLE
Strategic Real Estate Advisory | Southern Sri Lanka

Property Features

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Contact Advertiser

Noble Homes Galle Agent
Tilak Gallage : 94-778354380
Tilak Gallage : 94-776054380

This advertiser has been advertising with us for 9 years

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Important information : This ad has been posted on LankaPropertyWeb.com by the above mentioned advertiser. LankaPropertyWeb.com does not have any connection with this advertiser, nor do we vet the advertisers, guarantee their services, responsible for the accuracy of the ad's content or are responsible for services provided by the advertisers. LankaPropertyWeb.com does not provide any service other than list the advertisements posted by advertisers. You will be contacting the advertiser (owner/agent) of this property directly. We advise you to take precaution when making any payments or signing any agreements and be alert of any possible scams. If making any payments we recommend that you have two permanent & verified methods of contact of the payment receiver such as their landline number and home/business address.

Posted/Edited: 3 days ago REPORT THIS AD

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