An Icon of Elegance – Luxury Banquet Hotel for Sale ( Selling by Owner )
Gorakana, Moratuwa
86000 sq.ft.
2 acres
Rs. 2,000,000,000
Overview
Property Type
Hotel
Units/Rooms
25+
Bathrooms/WCs
10
Floor area
86000 sq.ft.
Area of land
2 acres
Availability
Available Now
Price per sq.ft.
Rs. 23,256
Property Details
A LANDMARK OF LUXURY
An Exceptional Investment Opportunity
PROPERTY OVERVIEW
An exceptional luxury hospitality and entertainment development located in Gorakana, Moratuwa, overlooking the scenic Bolgoda Lake. Designed by renowned architect Mr. Ananda Herath and Urban Bends, the property combines extensive banquet facilities, premium dining, luxury accommodation, and leisure amenities.
Featuring panoramic lake views, expansive event spaces, an infinity pool, rooftop entertainment facilities, and landscaped gardens, the development presents an attractive investment opportunity in Sri Lanka’s hospitality, events, and leisure sectors.
KEY PROPERTY DETAILS
* Location: No. 4/374, Old Galle Road, Gorakana, Moratuwa, Sri Lanka
* Land Extent: Approximately 2 acres and 19 perches, including reservations
* Built-up Area: Approximately 86,000 sq. ft.
* Floors: Five, including a rooftop sky lounge
* Accommodation: 42 rooms, including 15 suites
* Bathrooms: 42 attached bathrooms and 3 commercial bathrooms
* Swimming Pool: 120-foot infinity pool, baby pool, and pool bar
* Landscaped Gardens: Over one acre
* Furnishing Status: Unfurnished
* Construction Status: Approximately 85% completed
* Land Ownership: Freehold land; company ownership structure subject to verification
* Asking Price: LKR 2 Billion
SIGNATURE FEATURES AND FACILITIES
Grand Banquet Facilities
An expansive banquet venue designed to accommodate up to 5,000 guests for corporate events and 2,500 guests for private banquets. The venue features four soundproof halls with dedicated buffet and bar areas and a 40-foot clear ceiling height.
A loan facility has already been obtained from a reputed bank in Sri Lanka. Furthermore, additional financing may be made available by the bank, subject to requirements and the bank’s approval.
Liquor license has been obtained. In addition, all necessary approvals from the relevant government authorities have been secured for the construction and operation of the property.
Luxury Accommodation
42 guest rooms, including 15 suites, suitable for leisure travellers, corporate guests, and event participants.
Infinity Pool
A 120-foot infinity pool overlooking Bolgoda Lake, complemented by a separate baby pool and pool bar.
Lakefront Restaurant and Entertainment
A lakefront restaurant featuring a bar, action kitchen, seating for up to 1,000 guests, and facilities for live entertainment.
Rooftop Sky Lounge
A rooftop entertainment area featuring a sky restaurant, sky bar, and two beer gardens, with a stated combined capacity of up to 1,000 guests.
Sky Garden
An exclusive outdoor venue suitable for weddings, receptions, private celebrations, and special events.
Conference and Entertainment Facilities
Additional amenities include a conference hall, private party hall, exclusive pub, and guest parking facilities.
Landscaped Gardens
Over one acre of landscaped gardens, offering opportunities for outdoor weddings, receptions, private functions, and leisure activities.
ARCHITECTURAL EXCELLENCE
The development combines contemporary architectural design with extensive hospitality facilities and scenic lakefront surroundings, creating a distinctive destination for luxury hospitality, dining, events, and entertainment.
INVESTMENT HIGHLIGHTS
Potential revenue streams include:
* Weddings, banquets, and corporate events
* Hotel accommodation and suites
* Restaurant and bar operations
* Rooftop dining and entertainment
* Conferences, exhibitions, and private functions
* Leisure facilities and outdoor events
The property’s prominent location overlooking Bolgoda Lake, extensive event capacity, and diverse hospitality facilities present an investment opportunity in Sri Lanka’s hospitality and entertainment sectors.
PROPERTY FOR SALE
Asking Price: LKR 2 billion
For further information and viewing arrangements, please contact the appointed representative.
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.