1 / 9

Land For Sale Kalubowila | Prime Property With Additional Income Potential

Peiris Avenue , Kalubowila, Kalubowila

1 views this week

Price on request

Land

Sale

PRIME DEVELOPMENT PROPERTY FOR SALE – KALUBOWILA A Rare Opportunity in One of Colombo's Most Sought-After Locations ________________________________________ Location: Peiris Avenue, Kalubowila Extent: 22 Perches — Square, Level Land Asking Price: Rs. 5,500,000 per perch (negotiable) ________________________________________ WHY THIS PROPERTY STANDS OUT Positioned in the heart of Kalubowila, this is a rare opportunity to secure a substantial block of prime square land in one of Colombo's most established and peaceful residential neighbourhoods. Whether you are a developer, investor, or end-user, this property offers exceptional potential. ________________________________________ BONUS — LARGE RESIDENCE ON THE PROPERTY The land currently features a spacious 8-bedroom, two-storey house complete with: • 6 bathrooms and toilets • 3 separate kitchens • Ideal for use as a staff hostel, boarding house, or staff quarters Please note: The value of the existing house is NOT included in the land price, age of the building. Despite this, the owner is currently generating a generous rental income from the premises, making this an income-producing asset from day one. ________________________________________ KEY HIGHLIGHTS • Only 250 metres to Kalubowila Junction and Kalubowila Hospital • 5-minute walk to all amenities, transport, and services • Highly residential, quiet, and well-established neighbourhood • Suitable for residential development, apartments, or commercial use • Existing house ideal for large droup accommodation. • Strong rental income currently being generated from the property • Square, even land, easy to develop with minimal preparation ________________________________________ IDEAL FOR Apartment or condominium developers Commercial or mixed-use development Residential builders Investors seeking land with immediate rental returns Healthcare, hospitality, or institutional buyers (proximity to hospital) ________________________________________ 📞 CONTACT US TODAY This property will not last long at this price. Call now to arrange a viewing. Direct inquiries from genuine buyers only. No brokers or agents. Property viewings are strictly by appointment. Please call to arrange.