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Colombo, 20/09
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7% Rental Income! 8P Building facing Rosmead Place Colombo 7 For Sale
rosmead place, colombo 7
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Prime Commercial Property in Rosmead Place, Colombo 7. Extent : 8.06 perches Area: 7396 sqft including basement, rooftop terrace and balconies. Investment: Rs. 295 million • It has 3 assement numbers and can be used as 3 units as each floor can be accessed independently. • 6 Large Rooms used as office rooms and board rooms. • 2 bathrooms per floor + 2 service bathrooms. • Basement car park for 6 vehicles. • Large open terrace + bar area for entertaining guests Currently used as a commercial building + top floor studio apartment. Rental return: • Rented out to a foreign tenant for Rs. 1.2 million per month with 5% increment per year on the previous rent. • Mobitel and Hutch boosters generating an income of 475,000/- per month • 7% per annum + the property capital appreciation. Note- This property has no COC but the local authority d ...
Rs 295,000,000
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