A NINETEEN ROOMED STUDIO APT HOTEL BUILDING AT ST.RITAS ROAD-MOUNT LAVINIA-FOR SALE



LOCATION



This newly built luxury building is situated in a tranquil & peaceful highly residential as well as commercialized & well secured convenient location down St.Ritas road (less than one Km from the Galle rd adj Dinemoor resturant by the vicinity of the beach) & is situated with close proximity to supermarkets, banks, schools, hospitals, places of worship etc, it is about thirty minutes drive to the Colombo city center & close to most of the towns in & around Colombo & the suburbs, from this location.



DESCRIPTION



It is a newly built five storied building (ground plus four floors) with parking facilities for about twelve vehicles, surrounded by a high parapet wall with a high steel double gate for the front entrance & an automated roller door for tge rear entrance.

It consists of nineteen studio type apts (aprox 400 sq.ft each), each consisting of an open space with an attached bathroom & a kitchenette with potential to increase the number of floors & rooms. All of the floors consists of a spacious corridor lobby area & consists of a lift connecting all of the floors.



There is a common pantry area as well.



It will be facing the newly proposed Marine drive in the near future.



FACILITIES



All of the floors are fully tiled, has three phase electricity supply with air conditioners for all of the rooms, has pipe borne water supply with hot water facilities & an centralized overhead tank for storage. All of the doors are made using quality wood & the windows are fitted with Powder coated Aluminum frames, all of the floors consists of ample ceiling lighting & the bathrooms are fitted with standard imported sanitary ware.



The building is elegantly furnished with quality furniture & is solidly built using quality material.



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Overview:



Mount lavinia facing the beach

12,500 sq.ft sellable area

400 sq.ft (19 studio apts)

Current rental income Rs.3.5 mil gross pm

Hotel apts

12 car park slots

Proposed Marine drive

Property highlights

23 pchs land

Fully furnished Air conditioned apts

Ground plus four floors (lift available)

COC obtained

Building completed in year 2022

Potential increase of rooms & floors

Owner migrating to UK

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