Overview
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LKR 18.5 Million Per Perch Description
A strong investment opportunity in one of Colombo 04’s most prestigious and highly sought-after residential locations. Situated on Reid Avenue, this well-positioned land offers excellent road frontage and convenient access, making it ideal for luxury residential development or high-value redevelopment projects.
The property comes with an old house and benefits from 65 feet of road frontage with 30 feet wide road access, allowing smooth vehicle movement and flexible development planning. Surrounded by established residential and institutional developments, this land holds strong long-term value in a prime urban setting.
✔ Property Details:
▪ Location: Reid Avenue, Colombo 04
▪ Land Extent: 34 Perches
▪ Price per Perch: LKR 18.5 Million
▪ Total Price: LKR 629 Million
✔ Key Features:
▪ Located in a well-established neighbourhood
▪ Excellent road frontage with a wide access road
▪ Ideal for luxury residential development or redevelopment
▪ High-demand area with strong capital appreciation potential
Viewings can be arranged by prior appointment only.
Please call for more information.
Features
- 3-Phase Electricity
- Main Line Water
Property on Map
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