Prime Land Investment Opportunity – Colombo 08 (Borella)- bordering Colombo 07

A rare opportunity for investors anticipating the future development of Colombo 08, following the proposed relocation of Welikada Prison.

Key Features:
• Total Extent: 38.5 perches (two adjacent square blocks, completely flat)
• Front Block (20 perches): 12.5M LKR per perch | Double road frontage (20ft to Baseline Road, widening to 35ft)
• Rear Block (18.5 perches): 12M LKR per perch | Separate 15ft access road
• Development Potential: Ground + 8 floors | Approx. 50+ apartments (residential/commercial)
• Strategic Location:
• 75 yards from Baseline Road
• 10 mins to Port City access & Katunayake Highway
• 5 mins to ODEL Alexandra Place
• Walking distance to railway station
• Close to Wesley, Nalanda, Ananda, British School & Royal Colombo Golf Club

Ideal for speculative investors and large-scale developments. Contact for details.