shop for sale

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🏠 3-Story Property for Sale – Dematagoda Road

An ideal investment opportunity in a highly sought-after location!

This 3-story property is perfectly designed for rental income, currently generating a high rental yield of approx. 5% annually – one of the best yields for residential properties in Colombo.

🔹 Property Highlights:

• Land Extent: 6.6 perches

• Total Built-Up Area: Approx. 4,914 sq.ft

• House Units: 3 units, each approx. 1,350 sq.ft

• Shop Unit: 200 sq.ft (facing main road – high visibility)

• Each Unit Includes: 3 Bedrooms, 2 Bathrooms

• Separate Electricity Meters for all 4 units

• Water: Individual sump + overhead tank per unit

• Teak doors and windows – quality finish

💰 Potential Monthly Rental Income:

• Shop: Rs. 45,000

• Ground Floor Unit: Rs. 65,000

• 1st Floor Unit: Rs. 90,000

• 2nd Floor Unit: Rs. 105,000

Total Monthly Income: Rs. 305,000

Annual Income: Rs. 3.66 Million

📊 Valuation:

• Land Value: Rs. 6M × 6.6 perches = Rs. 39.6M

• Building Value: Rs. 8,000 × 4,914 sq.ft = Rs. 39.31M

• Total Value: Rs. 78.91 Million

✅ Solid investment with excellent rental potential

📍 Located on Dematagoda Road – close to schools, supermarkets, and main city access.

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