Peak Residencies - Schofield
TOTAL UNITS
UNIT SIZE
PROJECT STATUS
PRICE RANGE
How does it sound to calculate potential returns even before viewing a property? Here’s the gist: An ocean-view, state-of-the-art condominium project on Schofield Place, Colombo 3, offers a potential rental yield of Rs. 200,000 for two-bedroom apartments, Rs. 250,000 for three-bedroom units, and up to Rs. 300,000 for duplex apartments. The development comprises 24 units across eight residential floors.
The apartments are designed for optimal privacy with spacious bedrooms. Floor-to-ceiling glass windows and expansive balconies invite breathtaking views of the sky and sea, complemented by timber decking. The fully air-conditioned master bedroom ensures comfort, while the modern kitchen features high-gloss acrylic cabinetry, an exhaust burner, and a dishwasher, blending style and functionality seamlessly. The dining area, elegantly positioned off the main living space, is perfect for both grand and intimate gatherings. Bathrooms are outfitted with luminous flooring, rain showers, and European-standard sanitary ware, reflecting a commitment to high-quality finishes and contemporary living at Peak Residencies.
Residents can start their day with a refreshing swim in the rooftop pool or enjoy the panoramic views of the glittering skyline at night. Solar-powered electricity in common areas demonstrates a commitment to sustainability, while the master bathroom, equipped with a hot water geyser, offers indulgent comfort. The gymnasium allows residents to stay active, and the kids’ play area is perfect for quality time with little ones. Waterproof doors ensure durability, and 24-hour guardroom service provides a strong sense of security.
Overall, Colombo 3 is an ideal place to live or invest, appealing to both local and expat communities. With the rising demand for real estate in Colombo, this prime location is a valuable asset in any investor’s property portfolio. Offering easy access to schools, hospitals, hotels, restaurants, shopping malls, and entertainment, Peak Residencies promises an exceptional quality of life and a promising return on investment.
Amenities
Highlights
Prime location, close to reputed commercial operationsHigh rental yields expectedEasy access to leading schools, hospitals, shopping malls, and restaurantsHigh-end amenities and ocean viewsDual access from Marine Drive and Galle Road 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.
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