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BOUTIQUE PROPERTY FOR SALE IN KOLLUPITIYA, COLOMBO 03

Category : Commercial Properties - Sale
Rs. 245,000,000.00
: Colombo

Reference Number: 360CS475

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Bedrooms: 9 | Bathrooms: 8 | Parking: 5


Located on the prestigious Marine Drive in Kollupitiya, this elegant boutique apartment complex spans five levels, including a ground floor, three floors each with a spacious three-bedroom apartment, and a rooftop with stunning views. This property is ideally positioned for conversion into high-yield short-term rentals or a distinctive boutique office space.


Apartments Description;

First Floor: 3 Bedrooms, 2 Bathrooms

Second Floor: 3 Bedrooms, 2 Bathrooms

Third Floor: 3 Bedrooms, 3 Bathrooms

Each apartment is designed for comfort and style, featuring fully air-conditioned rooms, modern kitchens, and ample living space. The third floor includes an extra bathroom for added convenience.


Marine Drive, Kollupitiya: Located in a prestigious area known for its scenic beauty and central location, ideal for short-term rentals or business operations.

Proximity to Amenities: Close to hotels, shopping centers, restaurants, and public transport, attractive to tourists and professionals.

Flexible Use: Suitable for short-term rentals or conversion to boutique office space, offering high occupancy and multiple revenue streams.

Rapidly Developing Area: Situated in one of Colombo's fastest-growing neighbourhood, ensuring future appreciation and demand.


Investment Potential;

Short-Term Rental Opportunity: This prime location on Marine Drive is perfect for short-term rental investors. Its proximity to major attractions and business hubs guarantees high occupancy and premium rental returns.

Boutique Office Conversion: The well-designed apartments are ideal for conversion into stylish boutique office spaces, meeting the demand for unique workspaces in Kollupitiya, attracting high-profile tenants and businesses.

Government Approvals and Certificates: All necessary approvals and certificates are in place, including clear deeds, ensuring a hassle-free ownership transfer and operation.