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Prime Commercial Property for Sale – High-Income Investment Opportunity.

Property Description

An outstanding opportunity to acquire a premium commercial property in one of the most strategic medical and commercial zones in Kalubowila. Located directly facing the new building of Colombo South Teaching Hospital with 75 feet of main road frontage, this property offers exceptional visibility, accessibility, and strong long-term investment value.

Property Overview

  • Location Kalubowila, Dehiwala
  • Price LKR 510,000,000
  • City Dehiwala
  • District Colombo
  • Floor Area 8000 Sq.Ft
  • Property Status available

Additional Information

Additional Information –

Property Overview

Land & Frontage

~ Wide 75 ft main road frontage
~ Excellent exposure for medical, retail, or corporate operations
~ Ample parking space available in front and within the premises

Existing Buildings

1) Three-Storey Commercial Building

~ Each floor: 1,000 sq. ft.
~ Total: Approx. 4,000+ sq. ft. With ground floor
~ Ideal for clinics, laboratories, pharmacies, offices, or healthcare services

2) Single-Storey Commercial Building

~ 2,000 sq. ft.
~ Positioned along the main road
~ Suitable for showrooms, medical centres, or institutional use

3) Residential House (Rear Property)

~ 2,000 sq. ft.
~ 4 spacious rooms
~ 4 attached bathrooms
~ Steam bath facility
~ Solar hot water system
~ Ideal for staff accommodation, administrative use, or additional rental income

Utilities & Infrastructure

~ Three-phase electricity (60 Amp) for all buildings
~ Excellent access and circulation
~ Fully functional income-generating property with steady rental returns

(Current tenant details available for serious investors.)

Future Development Potential

~ Approved architectural concept available for a 7-storey commercial building

Perfect for:

~ Private hospital or medical complex
~ Specialist medical centre
~ Healthcare institute
~ Corporate office or commercial complex
~ Long-term redevelopment project

Investment Highlights

~ Prime healthcare zone with constant demand
~ Immediate rental income
~ High capital appreciation potential
~ Rare large-frontage commercial property opposite a major teaching hospital

Price
Rs. 15 Million per Perch (Negotiable) (34 Perches )

Contact (Serious Buyers Only)

~ Property Features
~ 3 PHASE ELECTRICITY
~ CENTRAL AC
~ ON-SITE PARKING
~ GRADE A FACILITIES

Contact Details

  • Name of the Seller Ruby
  • Seller Type Real Estate Agent
  • Mobile 076 795 1560