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Building for sales in Malabe for Rs. 75 million (Total)

kahanthota Road, Malabe
7200 sq.ft.
Rs. 75,000,000

Overview

Property Type
Building
Bathrooms/WCs
10
Floor area
7200 sq.ft.
No. of floors
3
Availability
Available Now
Price per sq.ft.
Rs. 10,417
Car parking spaces
2

Property Details

Prime Commercial Building for Sale in Malabe - Ideal for residents and Multiple Business Opportunities

This expansive 11 perches commercial building in Malabe offers a versatile space that can be utilized for various business ventures such as a hostel, boarding house, offices, or retail stores. With a generous 7,200 sqft spread across multiple floors, this property is strategically located with easy access to main roads, making it a prime investment opportunity.

Property Features:

Ground Floor:

* Modern kitchen with pantry
* 2 bedrooms with attached bathrooms
* Large living room
* Separate servant bathroom and dispensary building
* Spacious parking area for 2 cars

First Floor:

* 4 large bedrooms, each with private balconies
* Modern master bedroom with attached bathroom
* Additional shared bathroom
* Spacious living area filled with wooden furniture

Second Floor:

* 4 rooms with attached bathrooms and private balconies
* Annex-style room with separate entrance
* Common living room with a pantry

Third Floor:

* 6 aluminum partition rooms
* 2 modern bathrooms
* Large living room with kitchen
* Versatile space that can be used as a hostel, boarding rooms, or rooftop balcony area

Additional Amenities:

* 5 kW solar project installed on the rooftop
* 14 CCTV cameras for enhanced security
* 6 water tanks with 4 pressure pumps ensuring a reliable water supply
* 20 ft wide road frontage ideal for business parking and easy access

Location Highlights:

* Centrally located with easy access to Malabe town, Athurugiriya Highway, Kaduwela town, and Hokandara
* 5-minute drive to nearby highways
* 2 km from Kaduwela town
* 1.5 km from Malabe
* 2.5 km to Neville Fernando Hospital
* Close to leading educational institutions such as Horizon International School, CINEC Campus, and SLIIT Campus
* Within 2 km of major supermarkets like Keells, Cargills, Spar, and Glomark
* Convenient access to public transportation with routes including 689 (Nugegoda - Kaduwela) and 177 (Colombo - Kaduwela)
* 1 km to SLIIT university and already using it as Hostel for SLIIT Students.

This commercial building is perfectly positioned for business growth and offers an exceptional opportunity for investors seeking a high-potential property in a rapidly developing area. Don't miss out on this chance to secure a prime commercial asset in Malabe. Contact us today for more details and to arrange a viewing.

Link to Extra Pics: https://drive.google.com/drive/folders/1ChEMibFIQf7T1A4gZhEw5-95WJ7zbEFB?usp=drive_link

Property Features

3 PHASE ELECTRICITY
ON-SITE PARKING
GRADE A FACILITIES

Explore Neighbourhood - Map View

kahanthota Road, Malabe    [View on large map]

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Property Rates in Malabe

51%
This property is 51% less than the market average price Per SQ.FT.
Average Sale Price is Rs. 21,260 Per SQ.FT.
0.6% Price decreased compared to last year

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

Contact Advertiser

Agent Logo
Nishantha Nelumdeniya Owner
Nishantha Nelumdeniya : 94-773145027
Nishantha Nelumdeniya : 94-714423561

This advertiser has been advertising with us for 1 year

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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.

Posted/Edited: 7 days ago REPORT THIS AD

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Nishantha Nelumdeniya Owner


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