2 Story House For Sale In Pannipitiya

2022-05-18 10:33:54 ( House sale ) - Colombo, Pannipitiya

Details

Address:
Kottawa Borella Road, Near Highlevel

Bedrooms:
5

Bathrooms:
3

House size:
3,400.0 sqft

Land size:
9.76 perches

Description
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2 Story house for sale on 174 kottawa borella road and just 50 m to high level road



Good investment under current economic situation. Currency is devaluing and as Purchasing parity is reducing.



If you have a FD and interest is yielding at 8%-10%, then you will need 10-12 years to double your investment. However in real estate withing 2-4 years time, your investment will double up.

- Facing to 174 Kottawa, Borella bus route

- In the heat of Moraketiya/Pannipitiya junction

- Just 50 meters to High-level road

- 200 Maters to Dharmapala Vidyalaya, Pannipitiya

- Just 5 minutes to Makubura highway entrance

- 200 meters to Nursing home, 400 M to Pannipitiya railway station

This area is highly commercialized, hence this can be used for business, or any professional to do his practice (1 floor for Dispensary, optical, dental and other floor for residence like wise for any other professional practice) and 1 floor for residence.

Separate electricity, water and outside staircase

- 9.76 Perchers

- 5 bed rooms

- 3 Washrooms (including 1 With hot water , 1 servant)



Price is 395 Lks (39.5 Mn), this reflects only the land value. But as you can see from photos, this house is in good condition, house is valued at zero, is a huge advantage in this period, where no cement and tiles are in the market.

Slightly negotiable for direct buyers