Investment opportunity for a commercial boutique apartment complex in Kollupitiya available for sale
📍Kollupitiya, Colombo 3
• Land Extent: 7 Perches
• 20ft road frontage (Private Road)
• 5 story building (including ground floor and rooftop)
• Furniture Included
• 3-bedroom apartments in each of the 3 floors
• Total building sqft - 5,398
• Suitable for short term rentals, conversion to a boutique office space, service apartments
• Tenant paying 825k a month on a 12-month contract
• Attractive rental yield of 4.5%