(LS199) Land for Sale in Colombo 04 (3500 sq. feet)

St.Mary's Road, Colombo 04, Colombo 4
LKR 150,000,000
Land for Sale

Features

Other Options

Key Features

  • 12.77 Perches
  • 52 year old building
  • Sold at land value
  • Main line water
  • Access road is currently 15 ft but will be extended to 25 ft (RDA Approved)

Description

This valuable land of 12.77 perches comes with a 3,500 sqft old residential building is available for sale at land value. Currently it has 2 phase electricity which can be extended up to 3 phase electricity if required. Supply of Electricity and water is from the main lines. 15 ft wide access road has approved provisions to be widened to 25 ft (RDA Approved). There is on-going construction of a new apartment complex which will contribute in making the area a lot popular in coming days. The land is situated in a highly commercial area in Colombo 04 allowing access to many amenities, facilities, services and routes making this property worth your investment.

Our Opinion

Situated in between Galle Road and Marine drive this property is an ideal investment opportunity. The land is located close to number of services and amenities in the area to suit many different commercial and residential life style requirements. Banking and financial institutes in the area are People's bank, HNB, NSB, Seylan Bank, Commercial Bank, Prasanna Money Exchange, and many other financial institutes in the area. Hameedia, Kreation House of Cotton, City Co-op, Cargills, Keells are few of the shopping malls and markets in the neighbourhood. Many trades and services such as Kapruka, Savoy 3D Cinema, Saree Mandir, Global Towers, Nine Hearts Colour Labs, Future World Colombo, Golden Lanka Travels, Miami Reception are just around the corner. There are plenty of restaurants with a diversity of cuisines along Marine drive and Galle road. Beach Wadiya, Kandoori, Rio Ice Cream, Dinemore, Al-Maas Indian family Restaurant,The Chaat Kade, Paan Paan, Siam House, Patio 25, Dwaraka Indian restaurant to name a few. Schools and educational institutes within the close proximity to the property are St. Lawrence Convent, St. Peter's College, Tiny Tots Nursery, Muslim Ladies College new block, Hindu College Colombo and Sipna Institute.

Location