Versatile Residential Property – Ideal for own use or Investment Rajagiriya | Walawwatta

A rare opportunity to own a thoughtfully built, well-maintained residence in the highly sought-after Rajagiriya area. Originally designed as a private family home, this property was later adapted for rental purposes using only temporary gypsum partitions—with no permanent structural alterations.

This gives the next owner complete flexibility: seamlessly restore it into a spacious single-family home or continue operating it as an income-generating investment.

WHY THIS PROPERTY STANDS OUT

Built for comfortable family living, not a boarding house
No structural changes – only reversible gypsum partitions
Layout can be restored easily at minimal cost

IDEAL FOR r:
Private residence
Rental income investment
Hybrid living (owner + rental)

PRIME LOCATION ADVANTAGE
Just 500m walk to Rajagiriya main bus halt, Keells Super & major banks
Only 3 minutes to Castle Hospital, Golden Key Hospital & Borella
Close proximity to leading schools & government institutions
10 minutes to Diyatha Uyana, Battaramulla & Waters Edge
Situated on flood-free land with no adverse weather history

PROPERTY DETAILS
Parking: Space for 2 – 3 vehicles
Ground Floor: ~1,400 sq.ft
First Floor: ~1,400 sq.ft + 220 sq.ft balcony (red cement finish)
Rooftop Terrace: ~750 sq.ft

ADDITIONAL FEATURES
4KW Solar Power System (cost-saving & sustainable)
CCTV Surveillance System
Hot Water System Installed
Covered solar roof + open terrace

Future expansion potential (e.g., shared accommodation / boarding concept)

This property is especially attractive for investors looking to:
Enhance rental yield through better unit optimization
Convert into a premium boarding / co-living space
Benefit from high-demand Rajagiriya location growth