Development For Sale Colombo Ad:830483

For Sale >

Sri Lanka > Western > Colombo

Map Street View Save

Rs113,977,832

(USD 340,000)

CHECK IF AVAILABLE

Development
For Sale
Colombo
Sri Lanka

Over 22,000 sq ft building adjoining Bolgoda lake available for sale for the highest offer. Land
extent � 57 pchs. Clear Title.

Location: A 40 minute drive from the city, facing `Bolgoda Lake` �the largest natural fresh water
lake in Sri Lanka. Located at the widest points of lake.

Opportunity for Hotel industry firms: Ideal to function as a Luxury Lake Resort, Boutique hotel or
Transit Hotel for Tourists.

The building can be used for Apartment complex, educational institute / hospitals / hostals etc

Permits: All permits have been received by the local govt. authorities, including C.O.C. for ground
floor pleted structure, minus the finishes, to be completed by the investor/buyer to suit target
market.

Utilities: Water and Electricity

Details of existing structure: Completed 22,000 Sq. ft. consisting of Ground and 1st floors and 2nd
floor (inclusive of Roof Garden). 13 rooms completed, including attached Bathrooms, minus final
finishes.

a) Ground Floor � Bedrooms and attached bathrooms with unobstructed view of the lake,
separated between the two wings. Lobby area, reception & Koi pond in the center. Kitchen and
storage at the back. Verandah spreading right around the two wings. Rooms opening up to the
common verandah.

b) First Floor � Potential use if for a hotel � two Banquet halls spreading out to the 2 separate
wings overlooking the lake. Possible options could to be used as residential apartments.

c) Second Floor � Roof Garden, ideal for use as a Beer Garden etc. Possible options � can be
converted to another floor to add additional rooms, Penthouse etc.

Total land area:
a) 57 Perches currently t entrance from road.

b) Extents of adjoining Lands for sale: 40 perches of land available right next to the
owners already expressed willingness to sell.

CHECK IF AVAILABLE

Show Map

Get Alerts