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Great price
Asks Rs 3.35M a perch less than similar land plots for its town and land size. It’s been up 33 days, longer than most similar ads, so ask why.
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Prime Colombo Land with Excellent Residential, Commercial & Redevelopment Potential An excellent opportunity to acquire a valuable 20-perch property with an existing house and additional buildings in Kotahena, Colombo 13. The property is offered for sale primarily based on its land value, making it particularly attractive for buyers, investors, developers, companies, or anyone seeking a substantial landholding in a well-established area of Colombo. Situated on a dead-end road, the property enjoys a relatively calm and secure environment with limited through-traffic, while maintaining convenient access to major commercial and residential areas of Colombo. The property currently includes approximately 6,000 sq.ft. of total built-up area, comprising a main residence with separate living areas, an annex and office/staff accommodation. There is also sufficient space to park approximately 6 vehicles within the property. Property Details ~ Land Extent: 20 Perches ~ Land Shape: Well-Shaped Plot ~ Existing Built-Up Area: Approx. 6,000 Sq.Ft. ~ Parking: Approx. 6 Vehicles ~ Access: Located on a Dead-End Road ~ Sale Basis: Primarily Based on Land Value Existing Main House – Ground Floor ~ 4 Bedrooms ~ Spacious Living Hall ~ Small Store Room ~ Dining Area ~ Kitchen ~ 2 Bathrooms Upper Floor – Separate Entrance ~ 3 Bedrooms ~ Spacious Living Hall ~ Dining Area ~ Kitchen / Pantry ~ 1 Bathroom Separate Annex ~ 1 Bedroom ~ Living Area ~ Pantry ~ Bathroom Office / Staff Accommodation ~ Reception Area ~ Private Cabin ~ Bathroom Strong Investment & Redevelopment Potential The key value of this property lies in its 20-perch land extent in Colombo 13. The existing buildings provide additional utility while also giving a future purchaser the flexibility to renovate, reconfigure or redevelop the property, subject to the necessary approvals. With multiple independent living spaces, office facilities and a substantial built-up area, the existing property also offers potential for rental income or company accommodation. The estimated rental potential is approximately Rs. 350,000 per month, depending on usage and prevailing market conditions. Please Note: The property is NOT available for rent. The estimated rental value is mentioned only to demonstrate its potential as an investment property. Suitable For ~ Residential Development ~ Apartment or Housing Development, Subject to Approvals ~ Commercial or Mixed-Use Development, Subject to Approvals ~ Investment & Future Redevelopment ~ Company / Staff Accommodation ~ Large Family Residence ~ Rental Income Generation ~ Long-Term Capital Appreciation Contact Us for Further Details & Viewing Appointments A rare opportunity to acquire 20 perches of valuable land with an existing house and buildings in Kotahena, Colombo 13 — offered primarily for its land value and future development potential.
lankapropertyweb.comPosted 5 wk. ago
Rs 150,000,000
Fixed price · Rs 7,500,000 / perch
HariMila AI estimate
Rs 8.68–11.4M / perch
Opens the original ad on lankapropertyweb.com
Also listed on
Exact address shared by the seller on request
Land for sale in Colombo · last 30 days
Price rank
Cheaper than 71%
of 7 similar listings
Land size
Larger than 80%
20 perches · median 10
Based on the price per perch of 7 other land listings in Colombo 13
Rs 10,850,000 / perch
Likely range Rs 8.68M – Rs 11.4M
Asking price is 31% below the estimate.
From asking prices, not sale prices: a guide, not a valuation.
2,509 priced Land for sale in Colombo · tap a dot to open it
Land for sale in Colombo · last 30 days
Median asking price · 7-day rolling
New listings per day · 2,894 in 30 days
This listing’s area: Colombo 13, median Rs 7.25M / perch
| Area | Listings | Median / perch |
|---|---|---|
| Homagama | 372 | Rs 850K |
| Piliyandala | 188 | Rs 1.25M |
Closest matches by type, area and price
Listed on lankapropertyweb.com
Ad 5959525 · checked 2h ago
Also listed on
We show a summary and link to the original ad. Seller contact details stay on lankapropertyweb.com. We never store them.
This listing: Rs 7,500,000 at 20 perches.
174 |
| Rs 1.23M |
| Malabe | 140 | Rs 1.75M |
|---|
| Nugegoda | 140 | Rs 4M |
|---|
| Battaramulla | 132 | Rs 2.9M |
|---|
| Kottawa | 127 | Rs 1.43M |
|---|
| Thalawathugoda | 125 | Rs 2.4M |
|---|
| Boralesgamuwa | 118 | Rs 2.7M |
|---|
| Colombo 13 (this listing) | 2 | Rs 7.25M |
|---|
Land for sale across Sri Lanka
| District | Listings | Median / perch |
|---|---|---|
| Colombo (this listing) | 2,894 | Rs 1.85M |
| Gampaha | 1,346 | Rs 750K |
| Kalutara | 476 | Rs 750K |
| Matara | 288 | Rs 450K |
| Kurunegala | 184 | Rs 307K |
| Kandy | 162 | Rs 475K |
| Galle | 135 | Rs 550K |
| Hambantota | 89 | Rs 450K |
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median / perch |
|---|---|---|
2,804 | Rs 1.8M | |
87 | Rs 2.8M | |
3 | — |
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 104 other active listings on Harimila.
No price changes since Harimila started tracking this ad.
