Property Overview
This exceptional lakefront multi use property on St. Sebastian Road, Katukurunda, Kalutara South, occupies a prime position in a thriving tourism and commercial corridor. The L shaped 120 perch land parcel features 30 meters of road frontage and three buildings totaling approximately 24,964 sq.ft. (5,503 sq.ft., 4,032 sq.ft., and 15,429 sq.ft.).
List Price: LKR 433 million (negotiable).
Prime Resort Redevelopment Opportunity
Currently leased to a training center but previously operated as a hotel, this property offers a turnkey foundation for redevelopment as a resort. Established infrastructure includes:
• 32 rooms with attached bathrooms
• Two larger rooms
• Storeroom
• Two large halls
• Office
• Dining areas
• Open verandahs
Its serene lakefront location, direct beach access across the road, and proximity to Anantara Kalutara Hotel capitalize on surging tourism demand.
Versatile Development Potentials
• Hospitality & Wellness: Boutique resort, hotel, or wellness retreat
• Institutional: Training center or staff accommodation (leveraging current setup)
• Commercial: Mixed use investments or venues
Situated on high land with unrestricted motorable access.
Strategic Location & Accessibility
• Less than 1.5 km from Katukurunda Junction
• Adjacent to Anantara Kalutara Banquet Hall, Olu & Acquolina Restaurant, Red Lobster Tours Restaurant, and River Paradise Hotel
• 1.2 km to Galle Road
• 46 km to Colombo
• All daily conveniences within 0.5–2 km
This standout lakefront asset combines premium surroundings, high visibility, and lasting investment value.
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