Prime Residential Property with Rental Income – Wattegedara Junction, Maharagama
Maharagama, Colombo
LKR 235 Million
Overview
Property ID: A124448
Commercial
Property Type
11000
sqft
Description
Property Overview:
Located just 100 meters off High-Level Road in a peaceful residential neighborhood, this expansive estate offers an exceptional blend of luxury living and high-return investment potential. Spanning over 50 perches, the property features a sophisticated three-story main residence and two fully-rented buildings, generating a steady monthly income. With over 11,000 Sq.Ft of total built-up area, this is a rare opportunity to own a multi-purpose property in the heart of Maharagama.
Key Features:
Land Size: 50 Perches
Total Built Area: Over 11,000 Sq.Ft
Access Road: 20-ft wide
Proximity: 100m to High-Level Road, 500m to Navinna Railway Station
Main House – Luxury Three-Story Residence:
Floor Area: Approx. 3,500 Sq.Ft
Bedrooms: 3 (2 with attached bathrooms)
Theatre Room: A/C, Kumbuk flooring, half bath
Living & Dining: Spacious, elegantly designed
Kitchen: Modern pantry kitchen
Domestic Quarters: Separate room + toilet
Staircase: Iron & timber construction
Energy Efficient Systems: ▪️ 5KW Solar Panel System (Single Phase Electricity) ▪️ Solar Hot Water System
Garden: Beautifully landscaped with 20+ varieties of fruit trees
Security: Fully enclosed with 7ft parapet wall + CCTV surveillance
Location Advantages:
Walking distance to High-Level Road
Only 500m to Navinna Railway Station
5 minutes to supermarkets, banks, ATMs, restaurants and fuel stations
Close proximity to hospitals and essential city infrastructure
Ideal For:
Comfortable multi-generational family living
Rental income + residential hybrid setup
Investors seeking high-yield property in a prime suburban location
Price:
LKR 235 Million (*Negotiable)
Don’t miss out on this unique opportunity to secure a prime asset that combines luxury, functionality and income generation in the heart of Maharagama. Contact us now to schedule your private viewing!