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Best Price - Great Location - Land+Apartment Building For Sale — photo 1 of 101 / 10

Best Price - Great Location - Land+Apartment Building For Sale

Pothuarawa Rd, Malabe, Malabe

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LKR 82,500,000

Land
Sale

This exceptional property is situated in the highly sought-after areas of Malabe and Pelawatte, featuring a spacious three-storey apartment building alongside 18 perch of vacant land—offering excellent potential for residential development or investment. Key Features: Total land area: 25 perch, comprising a three-storey apartment building plus adjoining bare land Strategically located between Malabe and Pelawatte, known for accessibility and urban growth Ideal for residential use with the option to subdivide for multiple buyers Clear and marketable title deed, supported by a comprehensive and recent valuation report Ownership secured with an ongoing bank loan, ensuring a transparent and secure transaction Competitive asking price of LKR 82.5 million, negotiable This property offers a rare opportunity to invest in a prime location with versatile development potential. For More information or to arrange a viewing Contact Jennifer at Grace Properties

Area Price Insight

Similar Land in Malabe average LKR 6,024,230 — this listing is 1269.5% above the area average.

Features

3 phase electricity
pipe borne water