DACO Towers

Pagoda, Western, 10250, Sri Lanka

Property ID: #695007 // MULTI-FAMILY
19,400 ft²
0.11 acres
25 beds
21 baths
  • Title
    DACO Towers
  • City
    Pagoda
  • State
    Western
  • Zip
    10250
  • Country
    Sri Lanka
  • Municipality
    Nugegoda
  • Property Type
    Multi-Family
  • Additional Types
    Condo, Luxury, Multi-Family
  • Year Built
    2015
  • Lot Size
    0.11 Acres
  • Beds
    25
  • Full Baths
    21.00
  • Square Feet
    19,400
  • Units
    10
PROPERTY INFORMATION

Best Investment & Property Details:
Brand New Luxury Multiple Condominium Properties with ongoing Business for sale in the Capital of Sri Lanka, Sri Jayewardenepura Kotte, Nugegoda Premises and bordering Commercial capital Colombo 5, Sri Lanka

This is a highly attractive Tower on land area or 18.65 peach = 471.71 M 2 with 3 buildings.

Main Building is a 7 story Ground Floor (Vehicle Parking, Grocery Store & Office) + 6 Floor building with 6 Luxury Condominiums + Rooftop garden and gym. Each Luxury Condominiums floor size 2000Sq Feet /185sq Meter, 3 bedrooms, 2 bathrooms with sunken bathtubs + 1visitors bathroom, Large Kitchen pantry, 360° degree superb Colombo City view with large balconies, CCTV Security Cameras System around the building, Three entrance including one Roller gates remote entrance.

Second Building is a 4 story Ground Floor Lobby + 3 Floors 3 Apartment with single large family room with private bathroom, pantry and living area on each floor.

Third building is an Old Single story house with 4 Bedrooms and 2 bathrooms, Kitchen and living room.
The Building is located in the capital of Sri Lanka Sri Jayewardenepura Kotte, Nugegoda Premises bordering Colombo 5. Prime location with walking distance to 8 Supermarkets, Gym, Major International Schools, Wetland Park Nawala, All Bank Branches, and Many Restaurants including McDonalds, KFC, Pizza hut. 3km to the Immigration office and most of the major Government Ministries and Offices at Battaramulla. Walking distance to a famous meditation center which is popular in Europe.

Sightseeing places; Sri Rajamahaviharaya Buddhist Temple, Churches, Art Galleries, Parks, Shopping Malls.
Sightseeing places; Sri Rajamahaviharaya Buddhist Temple, Churches, Art
Galleries, Parks, Shopping Malls.

President of Sri Lanka Hon. Gotabaya Rajapaksha’s permanently living house located 600 meters from this property location. This is a Highly Secure and VIP area.

This area is crowded with foreign tourists and business visitors during the entire year.

Advantages
1. The total return investment for the property will be generated by the property within 5 to 6 years time. After that investors will receive very high profits and also the old house land area can be used to construct another building which may double the profits.
2. The location is highly developed and modernized as a VIP area and property value is doubling in every 2 to 3 years of time.
3. Very High quality finishing material was used in completed floors such as floor tiles, paint, Aluminum windows, glass, electrical cables, cold/hot water pipelines, water tanks, sumps and water motors ect.
4. Approvals are from Sri Jayewardenepura Kotte Municipal Council.
5. Sri Lanka Tourist Board Approval for inbound and outbound tourism. 6. These are the web listings of the condominiums currently advertised for rentals.

Airbnbhttps://
www.airbnb.com/rooms/44096507?s=67&unique_share_id=0b72aee3-2126-4b44-905e-19f9
910c7e4f

Bookings.com- -
https://www.booking.com/hotel/lk/daco-towers.en-gb.html?aid=356980;label
=gog235jc-1DCAsohQFCC2RhY28tdG93ZXJzSDNYA2iFAYgBAZgBCbgBF8gB
DNgBA-gBAYgCAagCA7gC17bM_wXAAgHSAiQ0MzFiNTBjMy1lMjJlLTQ3YzQt
ODIzMS1iNWNhNzA1OGJkMjbYAgTgAgE;dist=0&keep_landing=1&sb_price_t
ype=total&type=total&

A-hotel.com- -
https://www.a-hotel.com/sri-lanka/35911-pagoda/6631397-1-daco-towers/

Trip Advisorhttps://
www.tripadvisor.com/VacationRentalReview-g3181345-d21166390-D
ACO_Towers_Colombo_Brand_New_Luxury_3_Bedrooms_Condominium-Nuge
goda_Western_Provinc.html

Plane to Hotels.com
https://planetofhotels.com/en/sri-lanka/pagoda/daco-towers


Strength of the Building
1. This building was built with high quality materials and expert supervision for long lasting durability.
2. The entire building structure was designed and supervised by highly qualified and experienced Chartered Structural Engineer Eng. K Indika Surendra. His certification and qualification is attached below.
3. The Building's foundation is fully concreted and filled with 12 ton steel reinforcement bars.
4. The Building's ground floor Columns was made with twice extra strength with additional steel reinforcement bars for the purpose of shock proof incase of vehicle accident on the ground floor parking.
5. The Building's walls do not hold any weight of the structure. The Weight of the building is only held by the concrete column and beams. Owner can demolish any brick wall and change the floor plan whenever necessary.
6. All the concrete slabs were built with top and bottom double steel reinforcement bar nets to hold any type of brick wall Wight. Owners can build new walls in any part of the concrete slab without following the concrete beams.
7. All the steel reinforcement bars bought by Lanwa ceylon Steel Corporation Limited directly. Also Ready Mix concrete quality was grade 30 for the entire building.
8. Elevator Structure was designed and built for 600Kg Elevator for 7 doors entrance.

Contact us for more details WhatsApp +94 769369317. We can communicate with you in English, Russian, Vietnamese, Hindi and Sinhala.

DISCLAIMERS & AGENCY DISCLOSURE
  • Earnest Money: Total earnest money to be negotiated at the time of offer and to be agreed upon in writing in a Purchase Contract by the Buyer and Seller.
  • Brokers and Agents are fully protected and encouraged to participate.
  • RealtyHive & Micoley.com, LLC are licensed auction firms working for the seller of said property, performing auction and auction marketing services as part of this transaction.

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List Price:
$2,500,000
Sugg. Opening Bid:
$2,000,000

What is a Pre-Event Offer? This property can be purchased prior to the event's start date. If accepted, this property will be removed from the upcoming auction. Benefits to purchasing prior to event.

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cash closing credit
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This property is a For Sale by Owner listing.

  • Danushka Cooray
  • 94-476-936-9317
Financing

Please contact your local lender