Prime Development Land for Sale in Borella, Colombo 08
Rare large-scale land opportunity located in one of Colombo’s most strategically connected residential and institutional zones. Situated with access from Park Avenue, Borella, this property offers exceptional potential for luxury residential development, apartments, townhouses, medical-related facilities, or commercial office use.
With zoning flexibility and strong surrounding infrastructure, this is an ideal investment for developers and long-term investors.
📌 Property Details:
* Land Extent – 31.5 Perches
* Access from Park Avenue, Borella
* Clear deeds
* Property held within the same family for over 110 years
* Highly sought-after central Colombo location
📌 Development Potential:
Suitable for:
* Luxury residence
* Townhouse project
* Apartment development
* Office building
* Professional or medical-related facility
(Zoning regulations permit multiple development options)
📍 Location Advantages:
Within approximately 1.5km to:
* Borella Junction
* Town Hall / CMC
* Maradana Junction
📌 Close Proximity to Leading Schools:
* D. S. Senanayake College – approx. 1.1km
* Ananda College – approx. 900m
* Nalanda College – approx. 550m walking distance
* Devi Balika Vidyalaya – approx. 1.3km
* Musaeus College – approx. 900m
Under 1km to:
* Wesley College
* Zahira College
* Carey College
* Asoka Vidyalaya
* Gothami Balika
* Rathnavali Balika
* C.W.W. Kannangara Vidyalaya
📌 Close Proximity to Major Hospitals:
Within approximately 1km to:
* National Hospital Colombo
* Lady Ridgeway Hospital (LRH)
* Colombo Medical Faculty
* Castle Street Hospital for Women
📌 Additional Investment Opportunity:
Adjacent lands marked 2, 3 & 4 may also be available for acquisition.
* Lands 2 & 3 are requesting approximately *LKR 13,000,000 per perch*
* Land 4 may potentially be negotiated
* Combined assemblage potential of approximately 53–55 perches
* Dual road frontage potential for large-scale development
💰 Asking Price: LKR 9,000,000 per perch (Negotiable)
DM for further details, discussions & site inspections.
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