This property is Off-Market
55-689 Wahinepe'e Street
Laie, HI 96762 ·
2 Units · Multifamily For Sale
Bavarian Castle at Hukilau Beach
|Price||N/A||Property Use Type||Investment|
|No. Units||2||Commission Split||3%|
|Building Size||4,000 SF||Cap Rate||7%|
|Property Type||Multifamily||No. Stories||2|
|Property Sub-type||Duplex/Triplex/Fourplex||Year Built||2007|
|Listing ID: 16815393||Date Created: 08/28/2010||Last Updated: 02/15/2011|
Established and popular 6BR/3BA vacation rental with separate 2BR/1BA apartment for BYUH student rentals providing two steady streams of income. Also ideal for a Bed & Breakfast.
** PLAN B: One new dividing wall on the lower level of the main house would create a total of 3 units; perfect for student rentals.
This unique Bavarian Castle was built in 2007 by a local, master-craftsman as his own private residence. This is one of the best-built and newest homes on the North Shore with quality construction and attention to detail throughout. Wonderful ocean or mountain views from every room in the house. Central Air Conditioning (A/C) keeps the entire house pleasant even on the hottest North Shore days.
3 parking spaces in driveway as well as additional off-street parking available around the perimeter of the lava rock wall that surrounds the property (approximately 4 more spaces).
This home is conveniently located one block from Hukilau Beach Park (Remember the Hukilau Song?) and within walking distance of Laie Falls, Malaekahana State Park, Polynesian Cultural Center (PCC), Laie Point, Mormon Temple, and Brigham Young University (BYU). The perimeter of the property is surrounded by a lava rock wall for privacy. The Hukilau Cafe (remember ''50 First Dates''?) is just across the street and prepares some of the best breakfast (and lunch) around.
55-323 Kamehameha Highway
Laie, HI 96762
For Sale · $2,700,000
4,936 SF Building
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