🔥 URGENT SALE – PRIME COLOMBO 05 DEVELOPMENT PROPERTY
🏙️ 9.02 PERCHES | POLHENGODA ROAD | RESIDENTIAL + COMMERCIAL POTENTIAL
URGENT SALE PRICE: LKR 67 MILLION — NEGOTIABLE
Approx. LKR 7.5 Million Per Perch
A rare opportunity to acquire a strategically positioned 9.02 perch property on Polhengoda Road, Colombo 05, with exceptional development potential for residential, commercial or mixed-use purposes, subject to relevant approvals.
⭐ WHY THIS PROPERTY STANDS OUT
• One of the higher elevated locations in the area
• Fantastic panoramic views across the Colombo skyline from upper levels
• First block from the main road
• Approximately 90 feet of frontage
• 30-foot-wide private road access
• Additional 10-foot private road access
• Separate deed relating to approximately 4 perches of private road area
• UDA approval available for G+4 basement construction
• Potential to pursue G+5 approval, subject to authority approval
• Architect-designed house plan already available
• Excellent residential and commercial development potential
🏢 IDEAL FOR RESIDENTIAL OR COMMERCIAL DEVELOPMENT
The property's frontage, road accessibility and elevated position make it suitable for a variety of developments, including:
• Luxury private residence
• Boutique apartments
• Serviced apartments
• Corporate or professional offices
• Medical / dental centre
• Company headquarters
• Boutique commercial development
• Residential/commercial investment project
📑 CLEAR DEEDS & DOCUMENTATION
The property has clear deeds and documentation together with the relevant development approvals.
The property is currently mortgaged to a bank, and the existing bank mortgage can be settled and discharged as part of the sale and transfer process.
This is an urgent sale, which is why the property is now being offered at:
🔥 LKR 50 MILLION — NEGOTIABLE 🔥
Reduced from the previous asking price of LKR 67.5 Million.
For a serious buyer, developer or investor looking for a strategically located Colombo property with excellent frontage, dual access, elevation and development approvals already in place, this represents a compelling opportunity.
📩 Serious buyers and investors only. Contact us for viewing, deeds, approved plans and further information.
COLOMBO 05 | 9.02 PERCHES | APPROX. 90 FT FRONTAGE | G+4 BASEMENT APPROVED | RESIDENTIAL + COMMERCIAL | URGENT SALE
