Bogambara Prison Land at Kandy
Kandy is both an administrative and religious city and is also the capital of the Central Province. The city is picturesque and is set on a plateau surrounded by mountains and possess a large repository of resources, potential for urban development. The property is set to transform into a prison museum hotel to offer visitors a look into living conditions of former prisoners, while the cells would be converted into modern, comfortable rooms with all basic amenities.
The estimated investment value is USD 40 Mn and the project is to commence in 2022
Further attributes of this property would include;
- Main access would be from the city central – Keppetipola Road, Kandy. Location is close proximity to educational facilities, cultural landmarks, financial centers, and major transportation facilities.
- Availability of water, electricity, sewer and wastewater lines, etc.
30 Year Lease paid Annually