Ideal Investment Opportunity
Nalanda Gate Residencies – Semi-Furnished Two-Bedroom Apartment for Sale with Rental Income
Monthly Rental Income: LKR 295,000
Apartment Value: LKR 47.9 Million
Gross Rental Yield: Approx. 7.5%
Estimated Capital Appreciation: 5%–6% p.a.
COC: Obtained
Location: Kithyakara Road, Colombo 08 – Adjacent to Nalanda College
This is a rare opportunity to acquire a high-performing investment property within one of Colombo's most sought-after apartment developments. With an existing rental income stream, excellent tenant demand, and strong appreciation potential, this apartment offers an attractive balance of immediate returns and long-term value growth.
Investment Highlights
- Rental income of LKR 295,000 per month
- Strong rental yield of approximately 7.5%
- Capital appreciation potential of 5%–6% annually
- Located in a highly desirable residential and educational hub
- Ideal for both local and overseas investors seeking a hassle-free income-generating asset
Apartment Features
- Floor Area: 844 sq. ft. + 3 Private Balconies
- Two spacious bedrooms
- Two modern bathrooms (one attached)
- Three private balconies
- One balcony for each bedroom
- One balcony connected to the living area
- Lower-floor unit
- Modern fitted kitchen with Premium pantry cupboards with quartz-finished worktop
- Semi-furnished
- Fully air-conditioned with ceiling fans
- Quality tiled flooring throughout
- Modern bathroom fittings and fixtures
- Views of the Lotus Tower
Appliances Included
- Refrigerator
- Washing machine
- Built-in oven
- Hob with a cooker hood
- Microwave oven
Exclusive Resident Facilities
- Rooftop gymnasium (A/C)
- Rooftop terrace
- Conference and meeting room facilities
- Centralized gas system
- Backup generator with dedicated transformer
- 24-hour security and access control
Exceptional Location
Situated in the heart of Colombo, Nalanda Gate Residencies provides convenient access to some of Sri Lanka's leading educational institutions, including:
*Nalanda College
*Ananda College
*D.S. Senanayake College
*Wesley College
*Musaeus College
*Visakha Vidyalaya
*Devi Balika Vidyalaya
*British School in Colombo
*Colombo International School
*St. Bridget's Convent
The property is also within close proximity to major healthcare facilities, including:
*National Hospital of Sri Lanka (NHSL)
*Lady Ridgeway Hospital (LRH)
*Asiri Hospitals
*Ninewells Hospital
*Lanka Hospital
A Proven Investment Asset
Opportunities to acquire income-generating apartments within Nalanda Gate Residencies are limited. Combining a prime Colombo location, strong rental performance, quality facilities, and excellent appreciation potential, this apartment stands out as an investment that delivers both immediate and long-term returns.
Contact us today for further details and to arrange a private viewing.
Exclusively Marketed and Managed by Inovint Real Estate Services.
