Valuable 22.8-Perch Property with Spacious Two-Storey House for Sale – 9th Lane, Ethul Kotte
9th Lane, Ethul Kotte
5
3
2650 sq.ft.
22.8 perches
Rs. 63,000,000
Overview
Property Type
House
Bedrooms
5
Bathrooms/WCs
3
Floor area
2650 sq.ft.
No. of floors
2
Area of land
22.8 perches
Availability
Available Now
Property Details
An excellent opportunity to acquire 22.8 perches of valuable residential land with a spacious, solidly constructed two-storey house situated at 9th Lane, Ethul Kotte, within the Sri Jayawardenepura Kotte Municipal Council limits.
Located approximately 400 metres from Kotte Road, this property enjoys a peaceful, elevated and well-established residential neighbourhood, with convenient access to Rajagiriya, Battaramulla, Pitakotte, Nugegoda and other important destinations in Greater Colombo.
The property features a substantial family residence of approximately 2,650 sq.ft., constructed around 20 years ago by its owners for their personal residential use.
Although the existing exterior colour scheme may not reflect contemporary architectural preferences, the house offers a practical layout, spacious accommodation and considerable potential for modernisation.
A significant advantage is the 22.8-perch land extent, offering flexibility for residential use, future redevelopment or possible subdivision into three residential blocks, subject to local authority approval.
The surrounding Ethul Kotte–Rajagiriya corridor continues to attract residential development and infrastructure investment, supporting the area's long-term property investment appeal.
The owners currently reside in the United Kingdom and are prepared to visit Sri Lanka when necessary to facilitate a successful transaction. All relevant property documents are reported to be in order.
Property Overview
- Location: 9th Lane, Ethul Kotte
- Land Extent: 22.8 Perches
- Property Type: Two-Storey Residential House
- Total Floor Area: Approximately 2,650 sq.ft.
- Building Age: Approximately 20 Years
- Local Authority: Sri Jayawardenepura Kotte Municipal Council
- Distance to Kotte Road: Approximately 400 Metres
- Neighbourhood: Peaceful, Elevated and Established Residential Area
Ground Floor Features
- 2 Spacious Bedrooms
- Separate Office Room
- Spacious High-Ceiling Living Area
- Pantry
- Separate Wet Kitchen
- Common Bathroom
- Domestic Staff Room
- Staff Bathroom
Upper Floor Features
- 3 Spacious Bedrooms
- Family TV Lounge
- Additional Pantry
- 2 Common Bathrooms
- Balconies Accessible from the Bedrooms
General Property Features & Facilities
- Solidly Constructed Two-Storey Family Residence
- Approximately 15-Foot-Wide Motorable Access Road
- Three-Phase Electricity Supply
- Pipe-Borne Water Supply
- Established Residential Neighbourhood
- Convenient Access to Main Roads and Public Transportation
- Approximately 400 Metres from Kotte Road
- Spacious 22.8-Perch Land Extent
- Located Within Sri Jayawardenepura Kotte Municipal Council Limits
- Potential for Residential Renovation and Modernisation
- Possible Land Subdivision, Subject to Relevant Approvals
- Property Ownership Documents Reportedly in Order
- Overseas Owners Available to Facilitate the Transaction
Nearby Locations & Accessibility
- Kotte Road: Approximately 400 Metres
- Pitakotte: Shopping, Banking and Commercial Facilities
- Rajagiriya: Commercial and Administrative Centre
- Battaramulla: Government Institutions and Business Establishments
- Thalawathugoda: Residential, Educational and Healthcare Facilities
- Nugegoda: Shopping, Schools and Transportation Facilities
- Leading National and International Schools: Conveniently Accessible
- Banks, Supermarkets and Hospitals: Available in Surrounding Areas
Residential & Investment Potential
This property offers four attractive opportunities for prospective buyers:
1. Spacious Family Residence: A substantial two-storey home suitable for comfortable family living in a peaceful residential neighbourhood.
2. Renovation & Modernisation: An opportunity to upgrade the existing house into a contemporary residence according to individual preferences.
3. Land Subdivision & Redevelopment: Potential to subdivide the 22.8-perch property into up to three residential blocks, subject to survey feasibility and local authority approvals.
4. Long-Term Property Investment: A valuable landholding in an established residential area benefiting from convenient accessibility and ongoing regional development.
An attractive opportunity to own a spacious family residence on 22.8 perches of valuable land in the highly desirable Ethul Kotte residential area.
Viewing Arrangements
Property inspections are strictly by prior appointment.
The owners currently reside in the United Kingdom and are willing to visit Sri Lanka when required to finalise a mutually agreed transaction.
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