Prime 10.8 Perch Property in Colombo 05

A rare opportunity to acquire 10.8 perches of prime land in the highly sought-after Colombo 05 residential zone, located on the road adjoining St. Theresa’s Church.

The property currently includes a well-seasoned house with a separate annex, making it immediately suitable for Airbnb, long-term rental, or redevelopment. The pricing reflects land value only, offering excellent potential for investors and homeowners alike.

This quiet and prestigious neighborhood is surrounded by high-end residences, international schools, places of worship, and easy access to Colombo’s commercial hubs.

Investment Potential

• Ideal for Airbnb or serviced accommodation

• Expected short-term rental yield: 8% – 12% annually depending on renovation and positioning

• Potential monthly rental income: LKR 350,000 – 500,000 from main house + annex

• Strong capital appreciation potential due to limited land availability in Colombo 05

Property Features

• 10.8 Perches – rectangular, usable land

• Seasoned house + separate annex

• Vehicle parking available

• Quiet highly residential neighborhood

• Walking distance to St. Theresa’s Church

• Ideal for residence, boutique guesthouse, Airbnb, or redevelopment

💰 Price: LKR 185 Million (land value)

A solid opportunity for investors seeking stable rental returns or families looking to build a prestigious home in Colombo 05.

📞 Direct inquiries welcome.