230 Perch Mixed-Use Prime Development Property for Sale (EM158RK)

230 Perch Mixed-Use Prime Development Property for Sale – Old Kandy Road, Dalugama | LKR 1,072,500,000 (Negotiable) (EM158RK)

Property Details:

Property Type: Mixed-Use Development Property

Location: Old Kandy Road, Dalugama

Land Extent: 230 Perches (205 Perches + 25 Perches)

7-Storey Building (Unfinished) – Approx. 40,000 Sq.Ft.

Factory Building – Approx. 25,000 Sq.Ft.

Luxury Bungalow – Approx. 18,000 Sq.Ft.

Bungalow Bedrooms: 6

Bungalow Washrooms: 4

Property Highlights:

Rare large-scale investment opportunity on Old Kandy Road

Suitable for commercial, industrial, hospitality, educational, residential, or mixed-use development

Includes a luxury bungalow, factory facility, and unfinished multi-storey building

Strategically located with excellent accessibility

Property was not affected by recent adverse weather conditions

Other Features & Amenities:

Luxury 6-bedroom bungalow with spacious living and dining areas

Factory premises suitable for industrial or warehousing operations

7-storey building with significant future development potential

Market Value of Land: LKR 3.5 Million Per Perch

Land Value: LKR 805 Million

Building Value: LKR 267.5 Million

Additional Information:

Property currently mortgaged to Regional Development Bank

Outstanding liability approximately LKR 220 Million

Excellent redevelopment and investment potential

Ideal For:

Property Developers

Industrial & Manufacturing Operations

Hospitality Projects

Educational Institutions

Corporate Headquarters

Large-Scale Commercial Developments

Price: LKR 1,072,500,000 (Price is Negotiable)

Market Value of Land: LKR 3.5 Million Per Perch

Land Value: LKR 805 Million

Building Value: LKR 267.5 Million

(Property Valued at 1,500,000,000)

For further details or to arrange a viewing, please contact Emil Realtors.