Honolulu - Beach Property For Sale #7048724

Waikiki Banyan #607 (Tower 2) is a well-maintained unit located in the heart of Waikiki, just a short distance from world-famous Waikiki Beach, dining, shopping, and entertainment. Situated in desirable Tower 2, the unit features a functional layout suitable for personal use or investment purposes. Waikiki Banyan is a legal daily short-term rental building, offering potential rental income opportunities. Building amenities include a large recreation deck with swimming pool, BBQ area, tennis court, and 24-hour security. Monthly maintenance fees include electricity, water, sewer, cable TV, and internet. Buyer to perform their own due diligence regarding rental operations, building rules, and regulations. The unit is currently under a property management agreement with us. Existing reservations through July of next year cannot be canceled. Upon transfer of ownership, the new owner is required to honor the existing reservations and continue the management arrangement until all confirmed bookings are completed. The new owner will receive all rental income, less the agreed management fees. The unit is currently rented, and showings will not be available until March 3