Description

Property for Sale in Ratmalana – Ideal for Residential or Commercial Use

This rare 17-perch property, located in the heart of Ratmalana, offers the perfect blend of commercial and residential value. Situated in a highly sought-after neighborhood, this spacious plot comes with a four-bedroom old house, being sold at land value only—an excellent investment opportunity for those looking to build a dream home or establish a thriving business.

Strategic Location with Excellent Connectivity
• Just 750 meters from Galle Road via 3rd Lane, ensuring quick and easy access to Colombo and beyond.
• Only 550 meters from Attidiya Maliban Road, providing seamless connectivity to key business hubs.
• Located along Palm Grove Avenue, a wide roadway known for its convenient access and well-developed surroundings.

Thriving Commercial & Residential Hub
• The property sits in a mixed-use neighborhood, surrounded by corporate offices, warehouses, and upscale residences.
• Close to major landmarks like Ratmalana Jummah Masjid and Ratmalana Airport, adding to its appeal for both business and residential purposes.
• The area boasts broad roads and well-planned infrastructure, making it an attractive choice for businesses requiring smooth logistics and customer access.

Whether you’re an investor looking to develop a profitable commercial establishment or a homeowner seeking a prestigious address, this property offers exceptional potential.

Palm Grove Avenue (off 3rd Lane), Ratmalana
Land Size: 17 Perch
Price: LKR 59.5 Million

Posted/edited: 35 days ago