Abdul Caffoor Mawatha - 50 Perch Rare Redevelopment Block for Luxury Apartments

A rare 50-perch redevelopment property on the prestigious Abdul Caffoor Mawatha in Colombo 3. This quiet, upscale residential street is a proven hotspot for luxury apartment developments. The land offers an estimated buildable area of over 80,000 sqft and saleable space of approximately 60,000 sqft.
Ideal for a premium high-rise residential project with projected sales exceeding LKR 6 Billion. A standout opportunity for developers seeking strong ROI in a blue-chip Colombo location.

Asking Price: LKR 20 Million per perch