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MATALE - Estate for Sale.
An excellent opportunity to purchase a beautiful estate, currently owned by a traditional plantation family. Situated in the vicinity of historic sites such as “Aluvihare Temple”, Nalanda caves and Naula Gedige (The centre of Sri Lanka). With 73 acres in extent, with a mixed plantation of Rubber and Cocoa as well as Coffee, Pepper and Coconut as subsidiary crops, is available for sale at Kaikawela, Matale. Consisting of an eight bed roomed period bungalow, steeped in history, with a floor area of 16000 sq. ft., with a beautiful uninterrupted view of Knuckles mountain range, in which this property could also be an ideal location for a Boutique hotel, capturing its former classical elegance, served as a club house and meeting place for an original 2000 acre plantation, managed by Brooke Bonds during the British Raj.
The prevalent market conditions considerably increase the profitability potential for this estate. The budget speech for 2015 guaranteed a price of Rs 300 per kilo to small rubber plantations and this estate falls within the criteria for this benefit. The price of cocoa crops are forecast to increase exponentially due to the shortage of cocoa due to drought conditions in East Africa. The rapid development of the tourism sector too is expected to increase the demand for pepper and similar spices and condiments and overall it is expected that a significant improvement in net prices will be experienced by this plantation in the year 2016/17.
| Land Description |
Special Features : |
Beautiful estate in a cool climate, with a mixed plantation of Rubber & Cocoa as major and Coffee & Pepper as subsidiary crops. Well maintained by an agency house, with regular fertilizer in put and periodic replanting. Equipped with a Coco factory and a curing area. A large well, with ample water supply throughout the year. With six cottage type worker’s quarters.
With a Colonial style large bungalow, built around 1875 with two large open verandahs on the front and rear elevations of the structure. Front verandah facing a beautiful garden with magnificent age old trees and a spectacular view of the Knuckles mountain range. The rear elevation with long open verandahs with circular pillars enclosing a quadrangle. Large sitting and dining areas with timber ribbed ceiling completed out of Teak wood. With eight large bedrooms, in which three of the bedrooms with attached bathrooms. Three bathrooms fitted with tubs. Interconnected bedrooms, bedrooms opening onto rear verandah. Double paneled heavy Teak doors and windows. The building allows for excellent lighting and ventilation. |
| Facilities : |
Electricity / Water |
| House Description: |
| Open Verandah : |
2 Large |
| Sitting areas : |
3 Large |
| Dinning areas : |
1 Large |
| Bedrooms : |
8 Large |
| Bathrooms : |
6 |
| Pantry : |
1 |
| Kitchen : |
1 With a stove |
| Floor: |
Cement |
| Garden : |
Large |
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Sale Price:SL Rs. 120 Million (Approx. US$ 923,000/- Negotiable)
| Located at : |
CLODAGH WESTERN Estate, |
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Kaikawela, |
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Matale. |
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| General Location : |
Matale |
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Rattota town |
- 4 km |
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Matale town |
- 12 km |
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Kandy town |
- 35 km |
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Dambulla town |
- 52 km |
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Contact Details: |
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Mr. Hemaka Amarasuriya, |
Telephone: |
++94 77 7 935 935 |
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++94 11 2 587 319 |
Email |
info@comillar.com |
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Plan >> |
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