Land For Sale At Ransivi Lane Bambalapitiya(14649)

Colombo 4 (Bambalapitiya), Colombo, Western Province
Sale | Commercial - Bare Land 

LKR 25,000,000/Perch
78Perch(es)

Basic Info

Published Date 2024-04-22

Financial Info

Net Price LKR 1,952,500,000
Price per perch 25,000,000/Perch

Advanced info

- A prime opportunity awaits at Ransivi Lane, Marine Drive, Colombo 04 with the availability of 78.1 perches of land. This expansive plot allows for the construction of a towering structure encompassing 29 floors, each offering 10,000 square feet of space. Ten floors are earmarked for lease, spanning 99 years, complete with requisite car park slots. The remaining 19 floors are poised for development into either luxurious apartments or sophisticated office spaces. Should the latter be pursued at A-grade standards, adjustments in floor count will be made to accommodate the necessary 14-foot ceiling height, deviating from the initial plan of 10 feet. This offering presents an exceptional prospect for investors seeking to capitalize on Colombo's burgeoning real estate market.

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