Income-Generating Commercial Property for Sale In Udupila South.

🏢 Income-Generating Commercial Property for Sale In Udupila South.

A fantastic investment opportunity to own a commercial property with six rental shop units, offering an immediate monthly rental income in a prime business location. With approved building plans and the potential to add another floor, this property presents excellent opportunities for future expansion and increased returns.

💰 Price

Rs. 83,000,000 (83 Million)

📍 Property Details

📏 Land Extent: 10 Perches

🏢 6 Commercial Shop Units

📐 Total Building Area: 2,000 Sq. Ft.

🏗️ Approved building plan available

⬆️ Structural provision to construct an additional floor

📜 Property rates (assessment taxes) are up to date

💼 Current Monthly Rental Income: Rs. 160,000

🏪 One shop unit is currently vacant, providing an opportunity for additional rental income

Investment Highlights

Steady rental income from existing tenants

Potential to increase revenue by leasing the vacant shop

Opportunity to expand by constructing an additional floor

Ideal for long-term investors seeking consistent returns

Suitable for commercial and mixed-use development

This is an excellent opportunity to acquire a high-potential commercial property with immediate income and future development possibilities.

Property ID C23