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PRIME INVESTMENT PROPERTY FOR SALE – KALUTARA 120 PERCHES | HISTORIC WALAWWA | THREE-STOREY HOTEL | GALLE ROAD FRONTAGE Asking Price: Rs. 200,000,000 (20 CRORE) A rare and valuable opportunity to acquire an exceptional property comprising 120 perches of prime land, a historically valuable traditional Walawwa and a three-storey hotel, situated directly facing the Colombo–Galle Main Road, approximately 5 km from Kalutara Town. This unique property combines historical architectural beauty with excellent commercial and hospitality facilities, making it an ideal investment for hotel owners, hospitality groups, property developers and investors. 1. LAND DETAILS * Total extent: 120 Perches. * Direct frontage to Colombo–Galle Main Road. * Fully secured with a boundary wall. * Completely flat and naturally attractive land. * Beautifully landscaped surroundings. * Jackfruit, mango and coconut trees. * Approximately 100 metres from the Colombo–Beliatta Railway Line. * Approximately 6 km from the Southern Expressway. 2. HISTORIC WALAWWA A beautifully maintained traditional Walawwa featuring valuable historical and architectural characteristics. The original architectural designs have been carefully preserved without alterations. Facilities: * 8 bedrooms. * 4 attached bathrooms. * 1 storeroom. * Separate servants’/workers’ room. * Pantry. * Kitchen. * Beautiful U-shaped verandah. * Spectacular dining hall accommodating approximately 50 people. * Valuable traditional wood and cement carvings. * Beautiful decorative ceiling. * Three-phase electricity. * Attractive electrical lighting system. The Walawwa offers a unique opportunity to own a property with traditional Sri Lankan architectural heritage. 3. THREE-STOREY HOTEL GROUND FLOOR * Fully tiled flooring. * Spacious reception/function hall accommodating approximately 150 people. * Pantry. * Kitchen. * Lobby. * Separate washroom facilities for men and women. FIRST FLOOR * 6 double bedrooms. * All bedrooms with attached bathrooms. * Spacious verandah. SECOND FLOOR * 7 double bedrooms. * All bedrooms with attached bathrooms. * Spacious verandah. The hotel bedrooms are currently being used to accommodate visitors. 4. ADDITIONAL BUILDING GROUND FLOOR * Separate bar. * Spacious hall accommodating approximately 50 people. FIRST FLOOR * Employees’ accommodation. * Construction completed on this floor only. 5. EXCELLENT LOCATION & SURROUNDINGS The property is situated in a commercially valuable location with convenient access to essential facilities. Nearby establishments include: * Ceylon Electricity Board Regional Office adjoining the left side. * Rural Bank and coconut plantation adjoining the right side. * Cooperative-owned land and canal behind the property. * Cargills Food City. * Wine Stores. * Cooperative Wholesale Corporation (SATHOSA). Direct frontage to the Colombo–Galle Main Road provides excellent visibility and accessibility. 6. DEED & OWNERSHIP * Freehold deed. * Clear title. * Sole ownership. * Bank loan facilities may be considered, subject to the relevant bank’s approval. 7. INVESTMENT POTENTIAL An excellent opportunity for: * Hotel and resort development. * Tourism and hospitality businesses. * Wedding and reception facilities. * Commercial investment. * Heritage tourism projects. * Property development. The combination of 120 perches of prime land, a historic Walawwa, a three-storey hotel and additional facilities makes this a distinctive investment opportunity. 8. ASKING PRICE Rs. 200,000,000 (SRI LANKAN RUPEES TWO HUNDRED MILLION – 20 CRORE). The entire property is offered for sale as one complete package. 9. INSPECTION & TRANSACTION * Direct dealings with genuine buyers only. * No brokers or third-party intermediaries required. * Serious buyers are welcome. * Site inspections can be arranged by informing us of the preferred date and time in advance. A RARE OPPORTUNITY TO OWN A HISTORIC WALAWWA, ESTABLISHED HOTEL AND 120 PERCHES OF PRIME ROAD-FACING PROPERTY! Contact us for further details and inspection arrangements.
ikman.lkPosted 19h ago
Rs 2,000,000,000
Fixed price
Opens the original ad on ikman.lk
Approximate location from the source
Hotels for sale in Kalutara · last 30 days
Floor area
Larger than 79%
32,670 sqft · median 12,000
Price per sqft
Rs 61,218
median Rs 25,000 / sqft
Only 2 other listings match 7–9 bedroom hotels for sale in Kalutara right now, not enough for a fair comparison yet.
18 priced Hotels for sale in Kalutara · tap a dot to open it
This listing: Rs 2,000,000,000 at 32,670 sqft. Typical price ranges from Rs 115,755,154 to Rs 1,135,011,097.
Hotels for sale in Kalutara · last 30 days
Median asking price · 7-day rolling
New listings per day · 20 in 30 days
This listing’s group: 6+ bed, median Rs 330M
| 2 bed | Rs 309,000,000 | 3 listings |
|---|---|---|
| 4 bed | Rs 149,500,000 | 2 listings |
| 6+ bed | Rs 330,000,000 | 3 listings |
Hotels for sale across Sri Lanka
| District | Listings | Median |
|---|---|---|
| Galle |
Closest matches by type, area and price
Listed on ikman.lk
Ad …2d701a45 · checked 22m ago
We show a summary and link to the original ad. Seller contact details stay on ikman.lk. We never store them.
| Rs 300M |
| Colombo | 30 | Rs 180M |
|---|
| Nuwara Eliya | 29 | Rs 220M |
|---|
| Gampaha | 25 | Rs 120M |
|---|
| Kalutara (this listing) | 20 | Rs 309M |
|---|
| Badulla | 19 | Rs 190M |
|---|
| Kandy | 16 | Rs 175M |
|---|
| Matara | 10 | Rs 250M |
|---|
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median |
|---|---|---|
16 | Rs 290M | |
3 | Rs 950M |
Share of listings in this segment · this listing’s value in bold
Seller
Tracked by Harimila since this ad first appeared
The same seller has 13 other active listings on Harimila.
No price changes since Harimila started tracking this ad.
