austville residencies Colombo 6

Austville Residences

By JAG Group
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Colombo 6

TOTAL UNITS

22 Units

UNIT SIZE

794 - 1,502 sqft

LAUNCH DATE

January 2025

PROJECT STATUS

Upcoming

PRICE RANGE

LKR 36m - 63m

Austville, an exclusive residential project by JAG Group, is set to redefine upscale living in the heart of Wellawatta, Colombo 6. Located on Moor’s Road, this boutique development is thoughtfully designed for those seeking a premium lifestyle, seamlessly blending luxury with the convenience of city life.


With just 22 units ranging from 794 to 1502 square feet and prices between 36 million to 63 million, Austville provides a selection of one- to three-bedroom apartments, each crafted to deliver comfort, style, and functionality. Residents can enjoy stunning sea views, spacious interiors, and meticulous detailing that reflect contemporary elegance.

The amenities at Austville cater to a modern urban lifestyle, including a scenic rooftop ideal for relaxation, a high-speed elevator, and a reliable backup generator for common areas. Residents benefit from added convenience through dedicated features like air conditioning provisions, a comprehensive fire detection system, and individual letterboxes. Security is robust, with 24-hour CCTV monitoring, ensuring peace of mind for all residents.

Planned for completion in January 2025, this latest project draws on JAG Group's extensive 15 years of experience in Sri Lanka's property market, marking their sixth project. Austville embodies the group's commitment to quality and luxury, making it an ideal choice for those looking to invest in Colombo's thriving real estate market.
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Amenities

Parking Space
Waste Disposal
24/7 Security
CCTV Security
Gated Security
Waterproofing
Power Backup
Fire Detection & Safety
Air Conditioning
Hot Water System

Highlights

Situated in a prime urban area with high investment potential.
Convenient location with rising land value
Access from Marine Drive and Galle Road
Several apartment specifications to choose from
Offers a premium living experience

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Colombo 6 Area Guide

Colombo 6, famously known as Wellawatte, is a vibrant and densely populated suburb of Colombo, Sri Lanka. This area is renowned for its dynamic blend of residential and commercial life, with a significant Tamil community contributing to its rich cultural tapestry. Wellawatte is celebrated for its textile shops, bustling markets, and the iconic Savoy Cinema, making it a key commercial hub within the city. Its strategic location along the Galle Road ensures excellent connectivity to other parts of Colombo, while the coastal line adds to its scenic beauty.


In Colombo 6, the real estate scene is diverse, ranging from budget-friendly options to semi-luxury and luxury apartment complexes such as Span Tower, Liberty Court, and Majestic Apartments. These developments cater to a broad spectrum of residents, offering amenities that enhance the urban living experience.

The area's strategic location along Galle Road and Marine Drive ensures excellent connectivity, facilitating easy access to other parts of Colombo and contributing to its appeal as a desirable place to live. This mix of modern residential options and robust infrastructure highlights Wellawatte's dynamic growth within Colombo's real estate market. For more detailed information, you can explore specific apartment complexes and their offerings through real estate listings and developers' websites.
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What’s great here?

Numerous bus routes run through Galle Road, connecting Wellawatte with central Colombo and southern suburbs.
Convenient access to most major schools, colleges, universities and corporate establishments in Colombo.
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What needs attention?

Significant traffic congestion along Galle Road during peak hours.
A need for more public spaces and recreational facilities.
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Colombo 6 Neighbourhood Rating

4.3

out of 5

Developer

jag-group-logo
JAG Group
TOTAL PROJECTS
5
YEARS OF EXPERIENCE
15

JAG Group is an organisation dedicated to meeting client requirements at international standards. Originating from Singapore, it focuses on developing multi-use properties with a unique client-centric approach. Led by Mr. K. Kiritharan, an esteemed engineer with extensive experience in board and directorial roles across Sri Lanka and Singapore's construction sectors, and Mrs. Kaudinka De Costa, a successful entrepreneur and finance expert from Australia, JAG Group operates on a global scale.

Established in 2014, the company’s journey began with a Mount Lavinia apartment project, achieving deed issuance within six months, marking a robust entry into Sri Lanka's real estate. Committed to customer satisfaction, JAG Group continues to innovate across various industries with international affiliations, driven by client loyalty and project excellence.

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Similar Projects in Colombo 6

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Property Price Trends in Colombo 6 for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 36,018.43 per sqft
Past 12 months' growth
29.09%
Positive Trend
Past 3 months' growth
4.59%
Positive Trend
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Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.
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