Summit Flat Land at Keppetipola Mawatha,Colombo 07
Constructed in 1976 for the 5th Summit Conference for the Head of State and Government of the non-aligned movements, the property consists of 175 summit houses. The property is divided into 3 plots; Plot A consists of a housing unit to relocate existing occupants, Plot B includes lodging houses and a few bungalows used by the Sri Lanka Police and Plot C consists of two bungalows.
The estimated investment value is USD 210Mn
Project is to commence in 2022
Further attributes of this property would include;
- The property is in close proximity to the port, educational facilities, cultural landmarks, financial centers, and major transportation facilities.
- Availability of water, electricity, sewer and wastewater lines, etc.
Project/Ownership Structure: 99 Year Lease/ JV*/ PPP**
* Joint Venture
** Private-Public Partnership