Land in Kadugannawa
Property
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3 1/2, Walter G...See map
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Posted on 09 June 2026
- No. of Bedrooms : 0
- With Airconditioned Rooms : No
- Land Size (Perches/ Acres) : 33.5
- House/Room Size(sqft) : 0
Description:
Prime Road-Facing Land – Gampola / Kadugannawa Main Road
Exceptional Investment Opportunity
A valuable 33.5-perch road-front property is available for urgent sale on the Gampola–Kadugannawa Main Road, close to the 4 km post and conveniently connected to the Kandy–Colombo Highway.
The property enjoys breathtaking mountain views and is located in a rapidly developing tourism and residential area with excellent future growth potential.
Property Details
- Land Extent: 33.5 Perches
- Current Sale Price: LKR 245,000 per perch
- Total Sale Price: LKR 8,207,500
- Estimated Market Value: LKR 350,000 per perch
- Estimated Market Value Total: LKR 11,725,000
- Immediate Buyer Saving: LKR 3,517,500
Future Investment Potential
- Proposed Colombo–Nuwara Eliya Road is expected to connect to the expressway network via Rambukkana.
- Gampola–Kadugannawa Road is expected to become a major connecting route between:
- Colombo – Kandy (A1 Main Road)
- Kandy – Nuwara Eliya Road
- Property values in this corridor are expected to appreciate significantly.
- Early investors may benefit from substantial capital gains as infrastructure developments progress.
Ideal For
✔ Boutique Hotel
✔ Holiday Bungalow
✔ Luxury Villa Development
✔ Eco-Tourism Project
✔ Retirement Resort
✔ Long-Term Land Investment
Additional Advantages
✔ Road-facing property with easy access
✔ Scenic mountain surroundings
✔ Six tourism establishments already operating nearby
✔ Geological Survey Department clearance obtained
✔ No reported landslide risk
Financial Information
- DFCC Bank Valuation (2024): LKR 9.5 Million
- Existing Loan: LKR 6.5 Million
- Loan transfer/continuation possible through DFCC Bank (subject to bank approval)
Reason for Sale
Urgent sale to settle bank facilities.
Contact Owner Directly
Chaminda Rathnapriya Samaradiwakara
📞 +94 72 911 7446
📞 +94 77 381 7469
