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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.

Property Features

MAINLINE WATER
3 PHASE ELECTRICITY

Explore Neighbourhood - Map View

9th Lane, Ethul Kotte    [View on large map]

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Buy this property for only
Rs. 485,578 /month

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

Property prices in Ethul Kotte

Average Sale Price is Rs. 24,349 Per SQ.FT.
0.5% Price decreased compared to last year

Try our new price meter tool to find out the average price of a property in Ethul Kotte

Try our new price meter tool to find out the average price of a property in Ethul Kotte

Contact Advertiser

Platinum Agent
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Agent
Number
LankaLandlk Real Estate Service
0723951560

This advertiser has been advertising with us for 19 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.

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