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Office Space for Sale in Kottawa

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Office Space for Sale in Kottawa, Sri Lanka

Compelling real estate investment opportunities with immediate returns and the potential for substantial future growth.
Prime commercial building: * 4-storey building, spanning 8,000 sqft (2,000*4), 13 perches Land, Located in Kottawa Town. * Currently leased to an overseas software company with a monthly rental income of LKR 610,000 (with a 15% annual rent increment) and total future rental income for the agreement period is LKR 70 million. * Building valued at LKR 120 million, however, selling at LKR 97.5 million. * Existing corporate tenant willing to extend the lease beyond the agreement period. * Current agreement period is for another 8 years so the buyer is assured of an inflow of LKR 70 million. * Very high profit margin on the rental income as any minor maintenance expenses are borne by the tenant and all the security, and cleaning staff are employed by the tenant, the software company.
Compelling real estate investment opportunities with immediate returns and the potential for substantial future growth.
6.6   Kottawa
Run Rate Sales
INR 21 lakh
EBITDA Margin
40 %
Business for Sale
INR 2.8 Cr
Contact Business
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Office Space for Sale in Kottawa, Sri Lanka

Compelling real estate investment opportunities with immediate returns and the potential for substantial future growth.
Prime commercial building: * 4-storey building, spanning 8,000 sqft (2,000*4), 13 perches Land, Located in Kottawa Town. * Currently leased to an overseas software company with a monthly rental income of LKR 610,000 (with a 15% annual rent increment) and total future rental income for the agreement period is LKR 70 million. * Building valued at LKR 120 million, however, selling at LKR 97.5 million. * Existing corporate tenant willing to extend the lease beyond the agreement period. * Current agreement period is for another 8 years so the buyer is assured of an inflow of LKR 70 million. * Very high profit margin on the rental income as any minor maintenance expenses are borne by the tenant and all the security, and cleaning staff are employed by the tenant, the software company.
Compelling real estate investment opportunities with immediate returns and the potential for substantial future growth.
6.6   Kottawa
Run Rate Sales
INR 21 lakh
EBITDA Margin
40 %
Business for Sale
INR 2.8 Cr
Contact Business
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