Commercial Boarding for Sale in Malabe

🏢 Income Generating Boarding Space for Sale in Malabe

💰 Asking Price: LKR 70 Million (Negotiable)

Excellent investment opportunity in the heart of Malabe. This fully furnished commercial boarding house is currently generating LKR 550,000 monthly rental income, with potential to earn over LKR 800,000 per month depending on usage.

📍 Prime Location

Located in a highly demanded student & commercial area close to:

SLIIT | CINEC | Horizon Campus | Dr. Neville Fernando Hospital | Kothalawala Highway Entrance

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🏠 Property Details

✅ Land Extent – 10 Perches

✅ Total Floor Area – 7,200 Sq.Ft

✅ 15 Bedrooms

✅ 14 Bathrooms

✅ Fully Tiled Property

✅ Fully Furnished & Equipped

✅ Pipe-Borne Water

✅ Remote Controlled Gate

✅ Parapet Wall Surrounding Property

✅ 9 CCTV Security Cameras

✅ Alarm System

✅ Intercom System for Rooms

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🛏 Furniture & Equipment Included

✔ 28 Beds

✔ 28 Tables

✔ 28 Chairs

✔ 28 Clothing Racks

✔ 3 Washing Machines

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📈 Investment Highlights

💰 Current Monthly Income: Rs. 550,000

💰 Potential Monthly Income: Rs. 800,000+

📊 High Demand Student Accommodation Area

📍 Strong Rental Market (Universities & Campuses nearby)

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🏡 Ideal For

• Student Hostel Business

• Boarding House Operation

• Staff Accommodation

• Guest House

• Long-Term Rental Investment

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

Price: LKR 70 Million (Negotiable)