PRIME RESIDENTIAL LAND – COLOMBO 5 (THIMBIRIGASYAYA)

Price Rs 285,000,000 (Rs 13.5M/perch) Negotiable
Location Thimbirigasyaya, Colombo 5
Property Type Residential Land
Land Extent 20.25 Perches

Property Overview

A rare freehold opportunity to acquire 20.25 perches of well-shaped residential land in one of Colombo 5's most peaceful, private, and sought-after micro-locations. Ideal for single luxury residence, two spacious homes, or three boutique homes. Clear freehold title with dual access from two wide residential lanes.

Property Specifications

Land Extent 20.25 Perches
Shape Rectangular
Topography Level
Access Dual Access
Title Freehold
Location Thimbirigasyaya
Zone Colombo 5
Price/Perch Rs 13.5M

Property Features

  • ✓ Dual Access from Two Wide Lanes
  • ✓ Wide Frontage - Construction Vehicle Access
  • ✓ Clear Freehold Title
  • ✓ Existing Livable House (~30 years)
  • ✓ Quiet Residential Surroundings
  • ✓ Long-term Value Preservation
  • ✓ Ideal for Signature Luxury Residence
  • ✓ Perfect for Boutique Development

Property Analysis Summary

Analysis Point Rating Key Takeaway
Value ⭐⭐⭐⭐☆ Premium Colombo 5, negotiable to Rs 12.5-13M/perch
Location ⭐⭐⭐⭐⭐ Elite Thimbirigasyaya micro-location
Buildability ⭐⭐⭐⭐⭐ Versatile shape + dual road access
Best Use ⭐⭐⭐⭐⭐ Single luxury residence or 2-3 boutique homes
Appreciation ⭐⭐⭐⭐⭐ Exceptional long-term upside
Liquidity ⭐⭐⭐☆☆ Moderate (elite tier, smaller buyer pool)
Development ROI ⭐⭐⭐⭐☆ Rs 100-200M upside on luxury build
Risk Level ⭐⭐☆☆☆ Very low (top-tier residential zone)