1 / 9Prime Investment Opportunity in Pitipana, Homagama! - KO-29
Pitipana, Homagama, Homagama, Colombo
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LKR 15,000,000
Prime Investment Opportunity in Pitipana, Homagama! Unbeatable Location | Selling at Land Value Only! Are you looking for the perfect investment property? Located on the highly residential in Pitipana, Homagama, this expansive 24-perch property offers immense potential for developers and investors alike. Currently featuring an old house, the property is being offered strictly at land value, making it an absolute steal in today’s market! 📌 Property Highlights: Land Extent: 24 Perches Location: Daham Mawatha, Pitipana, Homagama Property Type: Land with an old house Value Proposition: You are only paying for the land! 🎯 The Perfect Hostel Project Location: Due to its immediate proximity to major educational institutions, this property is a goldmine for an investor looking to build a student hostel, boarding house, or apartment complex. The demand for student accommodation in this specific area is exceptionally high and consistently growing. 📍 Proximity to Important Landmarks (Measured from Location): 🎓 NSBM Green University: Only ~1.5 km away! (Approx. 3-minute drive or a short walk). This is a massive selling point for student housing. 🏫 Mahinda Rajapaksha College: ~2 km (Approx. 4-minute drive) 🎓 Institute of Technology University of Moratuwa (ITUM), Diyagama: ~5 km (Approx. 10-minute drive) 🏙️ Homagama Town Centre & High Level Road: ~4.5 km (Approx. 8 to 10-minute drive) 🛣️ Makumbura Multimodal Transport Hub & Highway Interchange: ~7.5 km (Approx. 15-minute drive) Don't miss out on a rare chance to secure premium land in a rapidly developing educational hub.
Area Price Insight
Similar Land in Homagama average LKR 3,607,197 — this listing is 315.8% above the area average.
Features
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