Prime Residential Apartment Complex for Sale at Thalahene, Malabe.

Rs 150,000,000

Negotiable

Address:

Malabe

Bedrooms:

Bathrooms:

Size:

10,880 sqft

Completion Status:

Ongoing

Furnished status:

Fully furnished

Apartment Complex:

Prime Residencies 306

Description

HIGH RETURN INVESTMENT OPPORTUNITY

A rare opportunity to acquire a fully developed Apartment complex located in the highly sought-after Malabe business hub. This income-generating property consists of 2 Apartment buildings with 10 residential units, offering immediate rental returns and excellent long-term capital appreciation.

Perfect for:

~ Property Investors

~ Apartment Rental Business

~ Staff Accommodation

~ Family Residential Investment

~ Long-Term Rental Income Generation

~ Separate water tanks & individual water meters for all units

~ Separate electricity meters for each apartment

~ Approximately 800m access to the main road

Rental Income Summary

~ Current Monthly Rental Income: LKR 421,000

~ Potential Future Monthly Rental Income: LKR 510,000

Property Overview

The property consists of two apartment buildings with a total of 10 residential units offering strong rental income and excellent future appreciation potential.

Building 01

~ 2 Floors

~ 4 Apartment Units

~ Apartment sizes ranging from approximately 932 – 1,104 Sq.ft

~ Mostly 2-bedroom apartments with living area, pantry, washrooms, balconies, and servant room facilities in selected units

Building 02

~ 4 Floors

~ 6 Apartment Units

~ Apartment sizes ranging from approximately 852 – 1,774 Sq.ft

~ 2, 3 & 4-bedroom apartments with living & dining areas, pantry, balconies, garage, and rooftop area in selected units

Prime Location Advantages

~ Close to Horizon College International & Horizon Campus