and for Sale in Malabe – Prime Investment Opportunity in Sri Lanka

Ref : (32905) | Posted on 09 Feb 2026, Colombo » Malabe

Rs.2,000,000.00

Property | Plots & Land | Sale

: 20.0 perches 
: Available 
: Available 
Details

🏡 Land for Sale in Malabe – Prime Investment Opportunity

💰 Price: Rs. 2,000,000 per perch
📐 Land Extent: 20 Perches
📍 Location: Walivita Road, Malabe
🏷️ Land Type: Residential / Investment


This highly valuable 20-perch land is located in one of the most in-demand areas of Malabe, just minutes away from leading universities, hospitals, and main road access. Due to its strategic location, this land is perfect for student accommodation, boarding house projects, apartments, or long-term investment.

Malabe continues to grow rapidly as an education, IT, and residential hub, making this property an excellent choice for investors and developers looking for high rental demand and future value appreciation 📈.


📍 Key Location Advantages

🎓 SLIIT Campus – Very Close
Ideal location to build a hostel or student accommodation, with consistent demand throughout the year.

🛣️ 177 Main Road (Malabe–Kaduwela Road) – approx. 200m
Quick access to public transport and smooth connectivity to surrounding towns.

🏥 Neville Fernando Teaching Hospital – approx. 500m
Adds significant value for both residential and rental developments.

🚗 Southern Expressway (Kothalawala Entrance) – approx. 2 km
Fast and convenient access to Colombo and other major cities.

🎓 Horizon Campus / Horizon College – approx. 300m
🎓 CINEC Campus – approx. 1.5 km


🏙️ Nearby Towns & City Access

📌 Malabe Town – approx. 1 km
Supermarkets, restaurants, fuel stations, pharmacies, and daily essentials available.

📌 Kaduwela Town – approx. 4 km
📌 Battaramulla – approx. 7 km
📌 Colombo City – approx. 15 km


🏦 Banks & Financial Institutions Nearby

🏦 Commercial Bank
🏦 Bank of Ceylon
🏦 People’s Bank
🏦 Sampath Bank
🏦 Hatton National Bank (HNB)

All banks and ATMs are easily accessible within Malabe town.


🏫 Schools & Educational Institutions

🎒 SLIIT
🎒 Horizon Campus
🎒 CINEC Campus
🎒 Several international & government schools in Malabe, Battaramulla, and Kaduwela areas


⭐ Why This Land Is a Great Opportunity

✅ High rental demand area
✅ Ideal for hostels, boarding houses, or apartments
✅ Calm and secure residential neighborhood
✅ Easy access roads & essential utilities available
✅ Strong future value appreciation potential

🔥 Urgent Sale – Rare Opportunity in a Prime Malabe Location!
📞 Serious buyers and investors are welcome.

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