Steradian Capital

Baseline Holdings

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  • BASELINE ROAD, SRI LANKA

    Investment Rational

    Plots of this scale are becoming scarcer in Colombo. The price per perch represented value and the location is an area suitable for affordable housing or commercial offices, both of which are under supplied. Baseline Road itself measures 120 feet (width), with the access road measures 40 feet (width), both of which are key when the Urban Development Authority consider a site for planning.

    Project Synopsis

    SCI in the process of making and application through Urban Development Authority and Colombo Municipal Council for a mixed used development scheme.

    Location

    Baseline Road Colombo 09.

    The Property

    A Greenfield site, measuring 229 perches (1.43 acres), in the heart of Colombo in an area of high density.