Commercial Boarding Building for Sale in Malabe

Income-Generating Commercial Boarding Property for Sale in Malabe

💰 Asking Price: LKR 67 Million (Negotiable)

A rare investment opportunity in the heart of Malabe. This fully furnished commercial boarding property is currently generating approximately LKR 550,000 in monthly rental income, with the potential to earn over LKR 800,000 per month depending on occupancy and management.

📍 Prime Location

Conveniently located close to:

• SLIIT

• CINEC Campus

• Horizon Campus

• Dr. Neville Fernando Hospital

• Kothalawala Expressway Entrance

🏠 Property Details

• Land Extent – 10 Perches

• Total Floor Area – 7,200 Sq.Ft

• 15 Bedrooms

• 14 Bathrooms

• Fully Tiled Property

• Fully Furnished

• Pipe-Borne Water Supply

• Remote-Controlled Entrance Gate

• Boundary Wall Around the Property

• 9 CCTV Security Cameras

• Alarm System

• Intercom System

🛏 Furniture & Equipment Included

• 28 Beds

• 28 Study Tables

• 28 Chairs

• 28 Clothing Racks

• 3 Washing Machines

📈 Investment Highlights

• Current Monthly Rental Income: LKR 550,000

• Potential Monthly Income: LKR 800,000+

• High-demand student accommodation area

• Ready-to-operate business

• Excellent long-term investment opportunity

🏡 Ideal For

• Student Hostel Business

• Boarding House Operation

• Staff Accommodation

• Guest House

• Long-Term Rental Investment

📞 Serious buyers only. Viewing can be arranged by prior appointment.

💰 Asking Price: LKR 67 Million (Negotiable)