1 / 238,000 sqft Stand-Alone Commercial Building with Good Rental Income for SALE – Off Elvitigala Mw (Baseline Road), Col.5
Colombo 5, Colombo 5
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LKR 1,500,000,000
Prime income-generating commercial asset located just off Elvitigala Mawatha (Baseline Road), Colombo 5. Ideal for investors seeking stable returns and long-term value appreciation. ▪️ Land Extent: 35 Perches ▪️ Total Floor Area: 38,000 SQFT ▪️ Configuration: Basement + Ground + 6 Floors ▪️ Fully Air-Conditioned ▪️ Lift Facility ▪️ Full Backup Generator ▪️ Dedicated Male & Female Washrooms on Every Floor Parking: ▪️ 7 Vehicle Slots (Ground Floor) ▪️ 7 Vehicle Slots (Basement – currently used as store / canteen) ▪️ Additional 40 Vehicle Slots on Adjoining Premises Investment Highlights: ▪️ 100% Occupancy (3 Tenants) ▪️ Rental Tenure: 3 Years – Extendable ▪️ Rental component can be received in USD or LKR (subject to eligible FCY arrangements) ▪️ Approx. Rental Yield: 13.6% ▪️ Approx. Investment Recovery: 7 Years (excluding capital appreciation) Ideal for: ▪️ Investment portfolio ▪️ Institutional investors ▪️ Income-generating commercial asset acquisition Expected Sale Price: LKR 1.5 Billion Colombo Ventures Property ID: TRLM – BS-136
Area Price Insight
Similar Commercial properties in Colombo 5 average LKR 441,953,409 — this listing is 239.4% above the area average.
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