Building Name | Island Colony | Neighborhood | Waikiki |
---|---|---|---|
Address | 445 Seaside Ave., Honolulu, Hawaii 96815 | ||
Land Sqft. | 49,823 Sqft.(4,634㎡) | Year Built | 1979 |
Total Unit | 745 | Stories | 43 |
Floor Plans | Bedroom: 0~1 | Bathroom: 1 | Parking: 0 | ||
Living Sqft. | 280~570 Sqft.( 6~53㎡) + Lanai 10㎡ | ||
Inclusions | Refrigerator | ||
Amenities | Pool, Sauna, Hot Tub, BBQ Area, Laundromat | ||
Price Range | $200,000~$520,000 | Land Tenure | Fee Simple or Leasehold |
Lease Expires | 12/31/2044 | Lease Renegotiation Date | 2014 |
Monthly Lease Rent | $170~ | ||
Expenses (Monthly) | Maintenace Fee: $495~$860 Monthly Lease Rent: $170 ~ Real Property Tax: $70~$420 Special Assessment: – Other: – Total: $565~$1,280 |
||
Comment | The “Island Colony” is an excellent property located in the heart of Waikiki, with prices ranging from $300,000 to $550,000. From the higher floors, you can enjoy views of the Konahuanui Mountain Range, Diamond Head, and the ocean, and even the studio-type units have spacious lanais. Each floor’s layout includes four corner units that are one-bedrooms, while the remaining 16 units are studios. Of the 16 studios, those with unit numbers ending in 03, 04, 05, 08, 09, 12, 15, 16, 18, and 19 are ‘Lodging Type,’ which originally did not have built-in cooktops. On the other hand, unit numbers ending in 06, 07, 10, 11, 14, and 17 are ‘Studio Type,’ which originally had built-in cooktops. (This is pertinent information, as some lenders know which units originally had a cooktop or not, which affects financing.) The sixth-floor amenity deck is expansive and offers convenient facilities such as a pool, sauna, fitness room, BBQ grills, coin-operated laundry, and a convenience store. Nearby, you’ll find the International Market Place and the Royal Hawaiian Shopping Center. Monthly maintenance fee includes cable TV, cold and hot water. For renting less than 30-days, you must either join the rental program operated by Island Colony Partners or obtain approval from the company. |