⸻
🏠 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.
⸻