40P Mix-Development Office & Apartment Building in Colombo 5 FOR SALE

Stand-Alone Multi-Residential with Commercial Space PROPERTY FOR SALE in Colombo 05

• Land Extent – 40 Perches

• Total Built-Up Area – 22,115 Sq. Ft.

• Building Structure – Ground + 4 Floors + Mezzanine

Residential Units:

• 3 x 2-Bedroom Apartments

• 2 x 3-Bedroom Apartments

• 1 x 4-Bedroom Apartment

• 1 x Dormitory-Style Accommodation with 4 Bathrooms

Commercial Spaces:

• Ground Floor Commercial Area

• 4th floor Commercial Space

• Separate Ladies’ & Gents’ Washrooms

Common Facilities:

• 2 Spacious Terraces for events

• Gymnasium

• Swimming Pool

Sale Price: Rs. 750 million (valuation done for 780 million in 2025 available)

Current rental income:

• Rs. 5 million per month from the commercial spaces and 4 apartments on long term rent.

Rental potential:

• Rs. 7.5 million a month for the whole building from commercial spaces and apartments.