Abdul Haq
5 days ago

Apartment for Sale in Thimbirigasyaya, Colombo 5
6th Avenue, Thimbirigasyaya Road, Colombo 5, Colombo
LKR 86,000,000

LKR 1,500,000,000total price
Negotiable
Commercial Property for Sale - Colombo
*Commercial Property For Sale – Colombo 05*
📍 Colombo 05
Title: Commercial Building
Land Extent: 35 perches
Internal Area: 35,000 sqft usable (40,000 sqft gross)
No of Floors: Basement + Ground + 6
Parking Setup: 7 (Ground) + 7 (Basement, currently store/canteen) + 40 on adjoining premises (LKR 0.2 Million/month lease)
Availability:
- Year of construction completion: 2018
- Current rental income: LKR 17 Million per month / LKR 204 Million per year (increases after 18 months)
- Rental tenure: 3 years, extendable
- Rental yield: 13.6% — 7-year investment recovery without capital gain
- Rental component payable in USD or LKR (if tenant has FCY-receiving accounts)
Posted by: Janith Wijesekara
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