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Investment Opportunity: Apartment Complex in Maradana, Colombo 10

Colombo 10
2000 sq.ft.
Rs. 600,000,000

Overview

Property Type
Building
Floor area
2000 sq.ft.
Agent Ref
CMS00139
Availability
Available Now
Price per sq.ft.
Rs. 300,000
Car parking spaces
10

Property Details

Location: Ananda Mawatha, Colombo 10 (Adjacent to Ananda College)

Price: LKR 600 Million

Property Details:

• Landmark Location: Prime location just 100m from Ananda Mawatha.
• Structure: Ground + 4 Floors

• Buildings:

o 3 Buildings as per approved plan.
o Additional 3-floor, 4-unit building.
o 2,000 sqft store building.

• Unit Breakdown:

o 8 Units – 300 sqft each
o 2 Units – 1,200 sqft each
o 12 Units – 1,000 sqft each

Special Features:

• Deep well with water treatment plant.
• Solar power for common areas.
• 25+ car parking spaces.

Income Potential:

• Current monthly rental income exceeds LKR 1 Million.
• Potential income up to LKR 5 Million post a LKR 10 Million renovation.

Ownership:

• All 22 units owned by the current owners (none sold individually).

Ref No: CMS00139

Contact us today for more details or to schedule a viewing!

Property Features

24 HOUR SECURITY
3 PHASE ELECTRICITY
BACKUP GENERATOR
ON-SITE PARKING

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Property prices in Colombo 10

Average Sale Price is Rs. 33,353 Per SQ.FT.

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Contact Advertiser

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Ceylon Tropical Lands Agent
Shezni : 94-779999025

This advertiser has been advertising with us for 15 years

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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.

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Ceylon Tropical Lands Agent

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