Urban Development

Oakley Cottage Land at Nuwara Eliya

Nuwara Eliya


13 Acres

Land Extent

USD 50 Mn

Minimum Investment

Project Overview

Oakley Cottage is a property that is identified as a key development project, under the Nuwara Eliya Development Plan. Situated within city limits of the Nuwara Eliya town, location is conveniently accessible even by foot and to all convenient necessities.

Estimated investment value is USD 50 Mn.

Project is expected to commence in 2021

  • Further attributes of this property would include;
    • Main access is from Broomfield Mawatha in Nuwara Eliya, with close proximity to panoramic views, cultural landmarks, financial centers, and major transportation facilities.  
    • Availability of water, electricity, sewer and wastewater lines, etc.

Project/ownership structure

99 Year Lease Basis/  JV/ PPP

Project incentives:

Government Tax Concessions
Speedy approval process with the assistance of the UDA
Readily available basic infrastructure to the site
Government assured land tenure security

Geographical Location: Centrally located within Colombo and with easy access to all essential amenities.