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.