19/09/2026
π‘ HOUSE FOR SALE β MALABE | IDEAL INVESTMENT OPPORTUNITY π‘
π Prime Location β 177 Bus route( Close to the Main road)
Only 200m Walking Distance to SLIIT Campus!
A spacious 2-storey house with 7 bedrooms + 3 bathrooms, situated on 12.5 Perches, with approximately 3,465 sq.ft. of living space.
β¨ Property Features:
β’ ποΈ 7 Bedrooms
β’ πΏ 3 Bathrooms
β’ π 2-storey house
β’ π 12.5 Perches
β’ π Approx. 3,465 sq.ft.
β’ π Two-way access to the property
β’ πΉ CCTV security system
β’ βοΈ A/C facilities
β’ π No flooding
β’ π Clear deeds
β’ π Very secure and peaceful neighbourhood
β’ π€ Friendly and good neighbours
π° CURRENT RENTAL INCOME
The property is currently generating a good and steady income from boarders, including university students, working professionals and campus lecturers.
ποΈ Future Development Potential
The foundation has already been prepared for a 3rd floor, allowing the possibility of building approximately 10 additional bedrooms β making this an excellent opportunity for further development and rental income.
π Everything you need is within walking distance!
β’ π« SLIIT Campus β 200m
β’ π Food City β 100m
β’ β½ Fuel Station β 100m
β’ π¦ Commercial Bank β 100m
β’ π Pizza Hut β 100m
β’ π₯ 24-hour hospital β 100m
β’ ποΈ Other essential facilities β nearby
π° Ideal for Investment
Located in a highly commercial and sought-after area, this property is perfect for:
β
Student boarding accommodation
β
Rental property
β
Family residence
β
Guest house / accommodation business
β
Future development
With SLIIT just 200m away, the property has excellent potential to generate a strong rental income, particularly as student accommodation.
π΅ Asking Price: Rs. 70 Million( Negotiable)
π Reason for Sale: Migrating Overseas
A rare opportunity to own a spacious property in a highly convenient location with excellent investment and development potential.
π Serious buyers only. Please contact for more details and to arrange a viewing. 0724521932