Urban Development
Oakley Cottage Land at Nuwara Eliya
Nuwara Eliya
LOCATION
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
Incentives
Location
Incentives
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
Location
Geographical Location: Centrally located within Colombo and with easy access to all essential amenities.