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:
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
This advertiser has been advertising with us for 9 years
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