Description

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.

Posted/edited: 143 days ago