Peak Residencies
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As if breathing life into an ultra-modern apartment from a high-end home magazine, Peak Residences in Boyd Place, Colombo 3 embraces chic design and modern conveniences. With 21 apartment units spanning eight residential floors, this complex offers two-bedroom, three-bedroom, and four-bedroom options, embodying contemporary urban living.
Situated in the exclusive Kolpity area of Colombo, this development offers a sophisticated lifestyle. The neighborhood is renowned for its elegant ambiance and distinguished community. Nestled close to the business district, entertainment hubs, leading schools, and renowned hospitals, it ensures unmatched convenience and accessibility. Prominent schools such as Bishop’s College, Ladies’ College, Royal College, and Musaeus College are within a 2 km distance. Colombo City Centre, Liberty Plaza, and Marino Mall are nearby, ensuring residents have easy access to shopping, dining, and entertainment needs.
Overlooking the Indian Ocean during the day and transitioning to a sparkling cityscape at night, residents can relax and unwind on the rooftop terrace, enjoying expansive city views. They can dive into the infinity pool or enjoy views of Beira Lake. The complex embodies contemporary living, ideal for families and professionals seeking comfort and elegance. Stylish kitchens, Instagram-worthy living rooms, and aesthetically pleasing bedrooms define the contemporary beauty of these residences, appealing to both new home buyers and keen investors.
The rental yield for the units varies based on their configurations. A two-bedroom unit is expected to yield an annual rental income of LKR 200,000, while a three-bedroom property is likely to command a higher yield of LKR 250,000 per year. For those considering a duplex, consisting of two levels, the potential annual rental income is LKR 300,000. These figures reflect the projected earnings from renting out these residential units, offering investors insight into the potential returns based on the type of residence they choose.
Amenities
Highlights
Overlooking the Indian Ocean and Beira LakePrestigious location and exclusive neighbourhoodEco-conscious design with solar power in communal areasEasy access to leading shopping malls, schools, and hospitalsHigh rental yields can be expected Explore Neighbourhood - Map View
Colombo 3 Area Guide
Colombo 3, known as Kollupitiya or Colpetty, is one of Colombo's most dynamic and upscale neighbourhoods, blending the charm of its colonial past with the vibrancy of modern urban living. This area serves as a microcosm of Colombo's evolution, showcasing an array of high-rise buildings, colonial-era architecture, bustling streets, and verdant spaces. Kollupitiya is a commercial powerhouse, housing an extensive range of businesses, luxury hotels, shopping malls, and gourmet dining options that cater to both the local and expatriate populations.
Spanning a relatively small geographical area, Kollupitiya stands out for its strategic location, bordered by the Indian Ocean on one side and Galle Road, one of Colombo's main thoroughfares, on the other. This unique positioning has made it a coveted spot for real estate, with a mix of residential options ranging from luxury apartments to traditional homes. The area's real estate market is vibrant, driven by high demand and a continuous influx of developments, making it an attractive investment opportunity.
Kollupitiya's blend of historical significance, cultural diversity, and economic vitality makes it a fascinating area to explore and live in. It embodies a fast-paced lifestyle while offering pockets of tranquillity through its seaside promenades and public parks, such as Viharamahadevi Park. The neighbourhood is a testament to Colombo's capacity to preserve its heritage while progressing towards a cosmopolitan future, making it an ideal location for those seeking the best of both worlds.
What’s great here?
Exceptional connectivity to other parts of the city via road and rail.Home to a wide array of shopping, dining, and recreational facilities.
What needs attention?
Significant traffic congestion during peak hours, which can extend travel times and affect daily commutes.A need for measures to control air and noise pollution, including stricter regulations on vehicle emissions and construction activities.Colombo 3 Neighbourhood Rating
4.6
Colombo 3 Neighbourhood Rating
4.6
Developer
Committed to making a mark in Sri Lanka’s commercial and residential real estate development and engineering sectors, Peak Engineering (Pvt) Ltd develops apartments tailored to each client’s requirements. Peak Engineering has earned a reputation for trust and excellence since 2015. It offers practical spaces that meet the needs of the modern buyer spoilt for choice to create the ideal amalgamation of home and convenience in the heart of Colombo.
With 44 units across three residential apartments in Colombo 3, 4, and 6 constructed so far, the company attracts an impressive clientele, backed by a team of leading architects and designers who effortlessly bring both the company’s mission and buyers’ expectations to life. Aiming to be a trendsetter has driven Peak Engineering to produce stellar designs with no stone left unturned.
Property Price Trends in Colombo 3 for
