Colombo 04 –Old House with Land for Sale in Buchanan Street

🏡 COLOMBO 04 – LAND WITH OLD HOUSE FOR SALE IN BUCHANAN STREET | PRIME REDEVELOPMENT OPPORTUNITY

A rare opportunity to acquire a valuable land parcel with an existing old house in the highly sought-after residential area of Buchanan Street, Colombo 04. Located in one of Colombo’s most prestigious and rapidly appreciating neighbourhoods, this property offers outstanding redevelopment and investment potential.

✨ Property Highlights (LAND – MAIN VALUE):

✔ Prime residential property located in Buchanan Street, Colombo 04

✔ Total land extent: 6.80 perches

✔ Flat L-shaped land with excellent usability

✔ Situated on approximately 15 ft wide access road

✔ Highly residential and well-established neighbourhood

✔ Boundaries secured with parapet walls and building walls

✔ Strong future appreciation and redevelopment value

✔ Ideal for luxury residence or investment project

🏡 EXISTING HOUSE (ADDED VALUE):

✔ Single-storey house with approx. 1,200 sq.ft floor area

✔ Includes living area, 2 bedrooms, kitchen, washroom & toilet

✔ Car porch and corridor space available

✔ Approximately 60 years old and in poor condition

✔ Suitable for redevelopment or complete renovation

✔ Electricity and water supplied through public mains

📍 A valuable Colombo 04 investment opportunity combining prime location + strong land value + redevelopment potential + long-term capital appreciation in one of Colombo’s most desirable residential addresses.