Our Reference No. SH 15261
(Please quote this reference number when inquiring.)
Located 20 mins from Avissawella in the charming village of Panawala, this stunning riverside property offers the perfect blend of natural beauty, comfort, and investment potential. With superb road access from three sides and bordered by the scenic Gommalu Oya which can be accessed and enjoyed almost throughout the year. This resort is ideal for nature retreats, private villas, corporate holiday bungalows, or wellness/elder care facilities.
Resort Accommodation
• Total Bedrooms: 5
• 3 Single Chalets + 1 Two-Room Family Villa
• Large restaurant facility and Kitchen area.
• Capacity to cater up to 300 pax
Exclusive Community Facilities
• Fabulous River View (70% of property bordering Gommalu Oya)
• Single Phase Electricity (Dedicated transformer)
• 60 ft × 20 ft (1894 Sqft ) Swimming Pool
• Children's Play Area
• Staff quarters & manager’s accommodation
Other Details
• Land Extent: 3 Acres (≈ 480 Perches)
• Built - up Area: 9630 Sqft (Only 15% of the land)
• Condition: Used
• Access Road Width: 15 ft
• Year Of Construction: 2015
Investment Potential
• Currently generating approx LKR 2–2.5 Million annually with limited land usage.
• With the existing facilities alone, and under an owner-managed system (not salary-deployed), the property has the potential to generate LKR 8–9 Million profit annually.
• Only 15% of the land is developed, leaving massive potential for future expansion.
• With efficient utilization, the property can generate significantly higher revenue through additional chalets, luxury villas, event venues, or eco-tourism facilities.
• Also presents a strong opportunity to establish a wellness or elder care home, leveraging the tranquil surroundings and accessibility.
• Prime opportunity for investors looking to build a destination resort, boutique hotel, or wellness retreat.
• Stunning river surroundings and natural landscape make it highly attractive for foreign tourism and long-term rentals.
Accessibility
• Excellent approach roads via Avissawella–Eheliyagoda–Ratnapura Road and Dehiovita via Harron Road
• 350 m to Eheliyagoda - Dehiovita Road
• 7.5 km to Eheliyagoda Town
• 11 km to Dehiowita Town
• 12 km to Avissawella Town
• Beautiful entry points from two sides of Panawala
Price to Be Quoted - LKR 145 Million (Negotiable)
Price is as indicated by the owner. Genuine buyers are invited to make reasonable offers after inspection.
We maintain a wide portfolio of luxury villas, resorts, and lifestyle properties across Sri Lanka. If this property does not fully suit your requirements, we are happy to help you select the best option.
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