Category: Property / commercial property
Apartment Complex for Sale in Kollupitiya. Property type: Building, Address: Kollupitiya, Colombo 3, Size: 5,398 sqft. Investment opportunity for a commercial boutique apartment complex in Kollupitiya available for sale. Kollupitiya, Colombo 3. •⁠ ⁠Land Extent: 7 Perches. •⁠ ⁠20ft road frontage (Private Road). •⁠ ⁠5 story building (including ground floor and rooftop). •⁠ ⁠Furniture Included. •⁠ ⁠3-bedroom apartments in each of the 3 floors. •⁠ ⁠Total building sqft - 5,398. •⁠ ⁠Suitable for short term rentals, conversion to a boutique office space, service apartments. •⁠ ⁠⁠Tenant paying 825k a month on a 12-month contract. •⁠ ⁠⁠Attractive rental yield of 4.5%