Prime Land for Sale, near Kandy - Matale District Boundary - Sell Buy Rent Properties in Sri Lanka - Lankaland.lk

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Ref.No: LK12792
Prime Land for Sale, near Kandy – Matale District Boundary
Property Description

Land sited one kilometre south of the Matale Municipal boundary, and, one kilometre north of Ukuwela Town and Railway Station. Motorable upto middle of the land. Supplied with electricity. Piped water and telephone available at the boundary.

Property Overview
Location
Ukuwela,,
City
Matale
District
Matale
Land Area
2560 Perches
Price
Rs: 16,000,000  
About the Price
Negotiable
Views
3196
Property Status
Sold
Additional Information

Distance from the Kandy - Matale trunk road (via Wattegama) is about 400 metres with a rail-stop on the way; about 150 metres as a bird flies.
Present extent is 16 acres. Deeds are perfect and accepted by Bank. (Two Photos you can see bottom of the advertisement)
Originally purchased in 1978 as very old tea plantation, and, immediately replanted with cocoa, pepper, coffee, and cloves.
In the late 1980s and early 1990s sold a few acres in blocks of 10 to 40 perches at the proximal end of the land at the rate of 3000 Sri Lankan rupees per perch. This sold area is now built up with middle class residences, and, the present going rate here is around 50,000 rupees per perch.
No permanent residents in the land. Resident labour available at boundary.
Natural soil fertility is excellent resulting from over 30 years collection of leaf litter.
At the upper boundary is an 11-acre block of land owned by an European investor with intention of a tourist project. Adjoining this part a small extent of my land left as scrub land to show the scenic beauty of the close and distant surroundings. (See pictures).
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Ideal investment for:
1. Long term investment for local or expatriate Sri Lankan.
2. High value timber plantation
3. Eco-tourist investors
4. Investor hoping to block it out and sell - short term or long term
5. Farming

The Government has now announced the plan to kick-start the Colombo-Kandy Expressway cutting travel time to 50 minutes from Colombo to Kandy.
Present tree stand within the estate is as follows:

Producing old Coconut trees 49
Producing King coconut trees 27
Matured harvestable Mahogany trees 38
Matured Jak trees 40
Matured harvestable Teak trees 1
Matured harvestable Hawari - nuga trees 17
Matured harvestable Tuna trees 4
Matured harvestable Gini - sapu trees 14
8 to 10 years old young Mahogany trees about 1500
Producing Clove trees 176

Coffee trees - about two acres
Old pepper stands
Plenty of old Cocoa trees
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Owner has decided to retire from agriculture. Hopes to sell the land within the coming weeks to the highest bidder.
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Expected figure above Sri Lankan Rupees 1 Million per acre (around Sterling Pounds 5,600 per acre.)
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Please make your offer...

Contact Details
Name of the Seller
Dr. Mauroof
Seller Type
Personal
Address
12/1, Weerakoon Gardens, Kandy. Sri Lanka.
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