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16 Perch 24 bed room 10000sq ft City hotel for sale off Marine drive Colombo-3 For sale Rs. 400M with secured income

off Marine Drive, Colombo 3
10000 sq.ft.
Rs. 400,000,000  ($ 1,331,644)

Overview

Property Type
Hotel
Units/Rooms
24
Bathrooms/WCs
10
Floor area
10000 sq.ft.
No. of floors
5
Agent Ref
hotel-6
Availability
Available Now
Price per sq.ft.
Rs. 40,000
Car parking spaces
5
Age of Building
15+ years

Property Details

24 bed room 10000sq ft City hotel for sale in Marine drive Colombo-3 in 16 Perch For sale Rs. 400 Million with secured income



Details in Brief
 A Mart City Hotel Colombo-3 (Concept name only)
 Location: Colombo 3 At Marine Drive (Off Marine drive)
 Colombo Plan Road – Marine Drive Kollupitiya, Colombo-3 2nd block
 District: Colombo District
 Current Situation: Fully Operational
 Total Extent of Property:16 perch (Please refer below the complete details break down of the land)
 Built Area Square Feet: Over 10000 Square Feet only in 6 perch plus another extra 10 perch barehand
 Ground plus 5 storied hotel building in 6 perch plus attached 10 perched Breland with an industrial shed (This bar land has building approval of Ground plus six storied also can be joint both property together
 Selling Price Rs.400 million (Slightly Negotiable)
 Local Approvals: All related approvals obtained and renewed.
 Safe secured tourism Certified Hotel
 Number of Rooms: 24
 Well equipped kitchen
 Bar / Juice Bar
 Laundry Facilities
 Restaurants
 Cafeteria
 Ample Car Parking
 Present rent income over 2 million (Presently 6 perch hotel property given on long term rent for a company accommodation for Rs.1.65 million attach land rent expectation of Rs. 4 Laks )
 For More Information & the pictures Please contact Althaf :



We did a rough costing and had to revise the price as follows which will be our final offer if selling.

6 perch land x 16 million per perch. Land value 96,000,000/=

Building cost roughly 10000 sq ft x 15,000/= total value 150,000,000/=

Mitsubishi elevator roughly 9,000,000/= today for usd value.

Bare land value 10 Perch x 16 million land value Rs.160,000,000/=

Even electricity supply is commercial bulk supply.

Our final offer is 400 million


Please do not hesitate to contact us for more details & pictures of this Property
Please Contact Althaf A-Mart Properties “ Your partner in Real Estate”



We will assist you to ...
• Sell your house / apartment / land / warehouse / commercial building etc.
• Find a house / apartment / office space / commercial building / land for outright purchase etc.
• Lease out your house / apartment / land / office space / warehouse / commercial building etc.
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Principals n Genuine Buyers only
Strictly No Brokers!!!!

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Property Rates in Colombo 3

24%
This property is 24% less than the market average price Per SQ.FT.
Average Sale Price is Rs. 52,442 Per SQ.FT.
16.0% Price decreased compared to last year

Try our new price meter tool to find out the average price of a property in Colombo 3

Contact Advertiser

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A Mart Properties Agent
Althaf Hussain Mohamed Naufer : 94-772335599

This advertiser has been advertising with us for 9 years

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Posted/Edited: 26 days ago REPORT THIS AD
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