1 / 7๐๏ธ **rare Art Deco Property In Galle โ Prime Urban Investment Opportunity- Sale Or Lease
Wakwella Road, Galle, Galle, Galle
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๐๏ธ **rare Art Deco Property In Galle โ Prime Urban Investment Opportunity** a Rare Opportunity To Acquire A **7,000+ Sq.ft. Art Deco Residence In Galle**, Located Just Off Wakwella Road, Within The Second Block From The Main Road And In A Highly Established Urban Neighbourhood. the Property Is Situated Close To **sanghamitta Balika Vidyalaya**, A Long-established Leading Girls' School On Wakwella Road. ๐ **less Than 2 Km From Galle City Centre And The Historic Galle Fort** ### ๐ Key Property Features ๐๏ธ **7,000+ Sq.ft. Art Deco House** ๐ Prime Location Off Wakwella Road, Galle ๐ซ Close To A Leading Girls' School ๐ Easy Access To Galle City ๐ฐ Close To The Historic Galle Fort ๐๏ธ Established Urban Neighbourhood ๐ผ Suitable For Commercial, Institutional Or Residential Conversion ### ๐ A Property With Multiple Investment Options the Property's Generous Floor Area And Central Galle Location Create Potential For Several Alternative Uses, Subject To The Relevant Approvals And Suitability Of The Existing Structure. potential Concepts Include: ๐ **english / Educational Institute** ๐ฉโโ๏ธ **nursing Or Elder-care Home** ๐ก **premium Residential Bungalow** ๐ข **corporate / Professional Office** ๐ **boutique Guest Accommodation** ๐จ **creative / Wellness Centre** ๐ซ **training Or Learning Centre** ### ๐ก Why An Investor Should Look At This Property rather Than Purchasing A Conventional Residential Property, An Investor Has The Opportunity To **repurpose A Substantial Existing Building For An Income-generating Use**. its Location Close To Schools Provides Potential Relevance For Education And Training-related Uses, While Its Proximity To Central Galle And The Historic Fort Creates Additional Potential For Hospitality, Professional And Lifestyle-oriented Concepts. the Property Can Therefore Be Viewed As An **adaptive-reuse Opportunity**, Where The Existing Building May Form The Foundation For A New Commercial Or Income-producing Project. ### ๐ฐ Investment Position **asking Price: Rs. 390 Million** the Final Investment Return Would Depend On The Selected Business Model, Renovation/conversion Cost, Required Approvals, Achievable Rental Or Operating Income And Financing Structure. for An Investor Seeking A **large, Centrally Located Galle Property With Multiple Potential Exit And Income Strategies**, This Is An Opportunity Worth Serious Consideration. ๐ฉ **private Viewings And Further Property Information Available Through Noble Homes Galle.** **noble Homes Galle** *strategic Real Estate & Investment Advisory*
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