Description

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 and fast access to the exrpressway and port city bridge whilst maintaining proximity to central Colombo.

Key Features:
• Total Extent: 38.5 perches available together or separately (two adjacent 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)

• 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 and Campbell park
• Close to Wesley, Nalanda, Ananda, British School & Royal Colombo Golf Club

Contact for details.

Posted/edited: 25 days ago