🏡 COLOMBO 04 – LAND WITH OLD HOUSE FOR SALE IN BUCHANAN STREET | PRIME REDEVELOPMENT OPPORTUNITY
A rare opportunity to acquire a valuable land parcel with an existing old house in the highly sought-after residential area of Buchanan Street, Colombo 04. Located in one of Colombo’s most prestigious and rapidly appreciating neighbourhoods, this property offers outstanding redevelopment and investment potential.
✨ Property Highlights (LAND – MAIN VALUE):
✔ Prime residential property located in Buchanan Street, Colombo 04
✔ Total land extent: 6.80 perches
✔ Flat L-shaped land with excellent usability
✔ Situated on approximately 15 ft wide access road
✔ Highly residential and well-established neighbourhood
✔ Boundaries secured with parapet walls and building walls
✔ Strong future appreciation and redevelopment value
✔ Ideal for luxury residence or investment project
🏡 EXISTING HOUSE (ADDED VALUE):
✔ Single-storey house with approx. 1,200 sq.ft floor area
✔ Includes living area, 2 bedrooms, kitchen, washroom & toilet
✔ Car porch and corridor space available
✔ Approximately 60 years old and in poor condition
✔ Suitable for redevelopment or complete renovation
✔ Electricity and water supplied through public mains
📍 A valuable Colombo 04 investment opportunity combining prime location + strong land value + redevelopment potential + long-term capital appreciation in one of Colombo’s most desirable residential addresses.