A Rare Opportunity to Own a Substantial Private Estate in One of Kelaniya’s Most Prestigious Residential Enclaves
Asking Price: Rs. 140,000,000 – Negotiable
An exceptionally rare opportunity to acquire 48 perches of prime residential land in the prestigious Waragoda Estate, Kelaniya, surrounded by some of the area's most distinguished and valuable residences.
This is not an ordinary house sale.
This is an opportunity to acquire a large, private residential estate in an established neighborhood associated with prominent Sri Lankan business families and successful entrepreneurs.
For the discerning buyer looking to build a magnificent modern residence, properties of this size and location are increasingly difficult to find.
48 PERCHES OF PRIME RESIDENTIAL LAND
The property extends over approximately 48 perches, providing an extraordinary amount of space for a luxury residence.
The existing house contains 5 bedrooms, each equipped with its own air-conditioning unit, and can be occupied while plans are developed for a future residence.
However, the greatest opportunity may be the land itself.
A new owner could create a spectacular private estate featuring:
* Grand modern residence
* Swimming pool
* Landscaped gardens
* Outdoor entertainment areas
* Multiple-car garage
* Private gym
* Home theatre
* Staff quarters
* Extensive privacy landscaping
* Additional luxury amenities
A PRESTIGIOUS NEIGHBORHOOD
The property is surrounded by large, high-value homes belonging to prominent Sri Lankan business owners and families, including residences associated with well-known business interests such as York University, Kandy Textiles, and Thilakawardena.
This established neighborhood provides an exceptional sense of privacy, prestige and exclusivity.
For a buyer seeking to establish a distinguished family residence in Kelaniya, this location offers an environment that cannot easily be replicated.
TWO ACCESS POINTS – AN IMPORTANT ADVANTAGE
One of the property's particularly valuable features is access from both the front and rear of the property.
This provides exceptional flexibility for:
* Future architectural design
* Vehicle access
* Landscaping and service access
* Staff accommodation
* Garage and parking arrangements
* Potential future redevelopment
The dual-access configuration is a significant advantage for anyone planning a large custom-built residence.
EXISTING 5-BEDROOM HOME
The existing residence includes:
* 5 bedrooms
* 5 individual AC units
* Spacious living accommodation
* Established grounds
* Separate gardener/staff room
* Separate bathroom for gardener/staff
The existing home provides immediate usability while allowing the new owner time to design and develop the ultimate residence for the property.
SOLAR POWER – NEAR-ZERO ELECTRICITY COST
The property is equipped with solar panels, resulting in an electricity bill that is currently approximately Rs. 0 per month, depending on consumption and solar generation.
This is an attractive additional benefit for a large residential property and can provide significant long-term savings.
A PROPERTY FOR THE DISCERNING BUYER
Large land parcels in prestigious, established residential neighborhoods are becoming increasingly scarce.
A 48-perch property with dual access in this type of residential environment represents a genuinely rare opportunity.
Whether retained as an existing family residence or transformed into a spectacular modern architectural masterpiece, this property offers the land, location and privacy required to create an exceptional private estate.
PROPERTY SUMMARY
Land: 48 Perches
Location: Waragoda Estate, Kelaniya
Bedrooms: 5
AC: All bedrooms
Solar: Installed
Electricity: Approximately Rs. 0/month based on current solar generation and usage
Access: Front road + separate rear access
Staff Facilities: Separate room and bathroom
Potential: Exceptional luxury-home redevelopment opportunity
ASKING PRICE: RS. 140,000,000 Negotiable for a serious and qualified buyer.
This property is being offered as a premium residential estate opportunity and is ideally suited to a buyer looking for a prestigious location, substantial land, privacy and the opportunity to create a landmark private residence.
Genuine buyers are invited to arrange a private viewing by appointment.
Please contact the seller directly for further information and viewing arrangements.
