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Old Galle Road, Gorakana, Moratuwa, Sri Lanka
A LANDMARK OF LUXURY An Exceptional Investment Opportunity PROPERTY OVERVIEW An exceptional luxury hospitality and entertainment development located in Gorakana, Moratuwa, overlooking the scenic Bolgoda Lake. Designed by renowned architect Mr. Ananda Herath and Urban Bends, the property combines extensive banquet facilities, premium dining, luxury accommodation, and leisure amenities. Featuring panoramic lake views, expansive event spaces, an infinity pool, rooftop entertainment facilities, and landscaped gardens, the development presents an attractive investment opportunity in Sri Lanka’s hospitality, events, and leisure sectors. KEY PROPERTY DETAILS * Location: No. 4/374, Old Galle Road, Gorakana, Moratuwa, Sri Lanka * Land Extent: Approximately 2 acres and 19 perches, including reservations * Built-up Area: Approximately 86,000 sq. ft. * Floors: Five, including a rooftop sky lounge * Accommodation: 42 rooms, including 15 suites * Bathrooms: 42 attached bathrooms and 3 commercial bathrooms * Swimming Pool: 120-foot infinity pool, baby pool, and pool bar * Landscaped Gardens: Over one acre * Furnishing Status: Unfurnished * Construction Status: Approximately 85% completed * Land Ownership: Freehold land; company ownership structure subject to verification * Asking Price: LKR 2.5 Billion SIGNATURE FEATURES AND FACILITIES Grand Banquet Facilities An expansive banquet venue designed to accommodate up to 5,000 guests for corporate events and 2,500 guests for private banquets. The venue features four soundproof halls with dedicated buffet and bar areas and a 40-foot clear ceiling height. A loan facility has already been obtained from a reputed bank in Sri Lanka. Furthermore, additional financing may be made available by the bank, subject to requirements and the bank’s approval. Liquor license has been obtained. In addition, all necessary approvals from the relevant government authorities have been secured for the construction and operation of the property. Luxury Accommodation 42 guest rooms, including 15 suites, suitable for leisure travellers, corporate guests, and event participants. Infinity Pool A 120-foot infinity pool overlooking Bolgoda Lake, complemented by a separate baby pool and pool bar. Lakefront Restaurant and Entertainment A lakefront restaurant featuring a bar, action kitchen, seating for up to 1,000 guests, and facilities for live entertainment. Rooftop Sky Lounge A rooftop entertainment area featuring a sky restaurant, sky bar, and two beer gardens, with a stated combined capacity of up to 1,000 guests. Sky Garden An exclusive outdoor venue suitable for weddings, receptions, private celebrations, and special events. Conference and Entertainment Facilities Additional amenities include a conference hall, private party hall, exclusive pub, and guest parking facilities. Landscaped Gardens Over one acre of landscaped gardens, offering opportunities for outdoor weddings, receptions, private functions, and leisure activities. ARCHITECTURAL EXCELLENCE The development combines contemporary architectural design with extensive hospitality facilities and scenic lakefront surroundings, creating a distinctive destination for luxury hospitality, dining, events, and entertainment. INVESTMENT HIGHLIGHTS Potential revenue streams include: * Weddings, banquets, and corporate events * Hotel accommodation and suites * Restaurant and bar operations * Rooftop dining and entertainment * Conferences, exhibitions, and private functions * Leisure facilities and outdoor events The property’s prominent location overlooking Bolgoda Lake, extensive event capacity, and diverse hospitality facilities present an investment opportunity in Sri Lanka’s hospitality and entertainment sectors. PROPERTY FOR SALE Asking Price: LKR 2.5 billion For further information and viewing arrangements, please contact the appointed representative.
lankapropertyweb.comPosted 2 wk. ago
Rs 2,500,000,000
Fixed price
Opens the original ad on lankapropertyweb.com
Exact address shared by the seller on request
Hotels for sale in Colombo · last 30 days
Floor area
Larger than 100%
100,000 sqft · median 6,500
Price per sqft
Rs 25,000
median Rs 29,035 / sqft
28 hotels for sale in Colombo
27 priced Hotels for sale in Colombo · tap a dot to open it
Hotels for sale in Colombo · last 30 days
Median asking price · 7-day rolling
New listings per day · 30 in 30 days
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| 4 bed | Rs 70,000,000 | 3 listings |
|---|---|---|
| 5 bed | Rs 56,250,000 | 4 listings |
| 6+ bed | Rs 260,000,000 | 8 listings |
Hotels for sale across Sri Lanka
| District | Listings | Median |
|---|---|---|
| Galle |
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Listed on lankapropertyweb.com
Ad 5969051 · checked 19h ago
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This listing: Rs 2,500,000,000 at 100,000 sqft. Typical price ranges from Rs 24,341,744 to Rs 1,886,619,005.
| Rs 270M |
| Colombo (this listing) | 30 | Rs 180M |
|---|
| Nuwara Eliya | 29 | Rs 220M |
|---|
| Gampaha | 25 | Rs 120M |
|---|
| Kalutara | 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 |
|---|---|---|
22 | Rs 120M | |
7 | Rs 870M |
Share of listings in this segment · this listing’s value in bold
Seller
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