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Investment Opportunity: Apartment Complex in Maradana, Colombo 10

Colombo 10
Rs. 600,000,000 /Total
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  • 2000 sq.ft.
  • 10 Car parking spaces
Property Type: Commercial - Building
Price: Rs. 600,000,000 Total
Agent Ref: CMS00139
Availability: Available Now

Description

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!

Posted/edited: 84 days ago

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

shezni kassier

+94 779 ......

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