Seaside Land with 2 structures near Mt Lavinia Beach & S. Thomas' College School

Prime property facing De Saram Road at the heart of Colombo's idyllic seaside suburb of Mount Lavinia

A rectangular plot with over 30 feet of main road frontage offers the perfect blank canvas for a commercial or residential project. De Saram Road which the property faces is 20 feet wide.

The property is just mere 1 minute walk away from the golden sands of the world famous Mount Lavinia beach and is 200 meters from the ever popular Sugar Beach Restaurant. The historic Mount Lavinia Hotel is a short 4 minute drive away.

The location is within just 500 meters of multiple supermarkets (Glomark, Cargills, Family Super), 2 petrol sheds (LIOC & Ceypetco), cafe (Barista), restaurants (including branches of famous fast food quick service restaurant chains KFC, Burger King, Subway, Baskin Robbins, Popeye's, Arthur's Pizza & Street Burger), Banks (Commercial, Nations Trust Bank, Bank of Ceylon, DFCC & LOLC)

The S. Thomas' College & the Old Thomian's Swimming Club are within eyeshot a mere 150 metres away.

The locale has been a popular mainstay with foreign travellers as well as long-term residents alike, so the property itself has equal potential for use as either a residence or commercial property given the utility the site offers as well as its central location just 400 metres from Galle Road & just 10 Kms to the Colombo central business district. The Marine Drive connectivity from Dehiwala means Colombo Fort is a short 20 minute drive away.

The site has an active mainline water supply line as well as an overhead water tank, single phase electricity & is wired for a SLT Fibre high-speed broadband internet connection as well.
The sewage and drainage are also connected to the main municipal lines.

The site contains two small structures (260 sq ft with attached bathroom & a single room 180 sq ft) which are in usable condition. There are also the following fruit bearing trees within the compound : 2 x Mango, 1 x King Coconut ("Ran Thambili") & 1x Jak fruit. Space currently available to park 5 cars.

The property will see definite capital appreciation once the Marine Drive extension comes through beyond Dehiwala, as earmarked, which makes this an ideal investment opportunity as well.

The rectangular plot covers an area of 8 perches.

The asking price is 48 million but serious offers are welcomed & the price is negotiable.