Premium Property in an Exclusive Location – Ideal for Residential, Commercial or Hospitality Use
A rare opportunity to rent or purchase a spacious commercial property in one of Matale's most prestigious and sought-after locations on Malwatte Road, just minutes from key government institutions, schools, and the town center.
Property Features
Land Extent: 50 Perches
Large two-storey main residence
Separate two-storey building comprising two self-contained 3-bedroom apartment units
Apartments are currently generating a monthly rental income of LKR 75,000
7+ spacious rooms
5 bathrooms
2 fully functional kitchens
Separate maid's quarters
Multiple garages
Storage rooms
Ample space for parking and future expansion
Ideal For
Government offices
Corporate or regional offices
Hotel or boutique hotel
Guest house
Medical centre or specialist clinic
Educational institute or training center
NGO or development organization
Professional services office
Prime Location
Located in the heart of Matale Town in a highly exclusive neighborhood.
Nearby landmarks include:
Approximately 500 metres from the Matale Court Complex
Approximately 500 metres from the Matale District Secretariat
Close to Christ Church College
Close to Sanghamitta Balika National School
Within 1 km of other leading schools, government institutions, banks, and essential services
Rental Details
Monthly Rent: LKR 500,000
Key Money: Equivalent to 6 months' rent
Selling Price
LKR 210 Million
A rare opportunity for businesses, institutions, or investors seeking a prestigious property in central Matale. The additional apartment block provides an immediate rental income while offering significant potential for further commercial or hospitality development.
For inspections and further information, please contact us.
