Are you dreaming of owning a piece of paradise in Hawaii? Look no further than this leasehold property that is now available for sale. This ground floor condominium unit is just steps away from some of the world’s best beaches, offering you the ultimate beachfront living experience.
One of the highlights of this property is its private lanai, where you can sit back and listen to the soothing sound of the waves greeting the shore. It’s the perfect spot to relax and enjoy the breathtaking ocean view. In fact, this unit has proven to be a lucrative investment, generating over $130k in gross rental income in 2022 alone.
The property also comes with brand new flooring, scheduled to be installed in April. Additionally, the ground floor lanai is fully gated, providing you with an extra layer of privacy. The unit’s end location means you’ll have floor to ceiling jalousie windows, which not only allow plenty of natural light but also create a seamless connection to the paradise outside.
Inside, the bathroom has been updated with granite counters and a fully tiled shower surround with glass doors, giving it a modern and fresh aesthetic. The unit is beautifully appointed with island-themed art and decor, rattan furniture, and a glass-topped dining table. It is being offered fully furnished and turn-key, making it a hassle-free investment opportunity.
As an owner of this property, you have multiple options for managing it as a vacation rental when you’re not occupying it. There are two on-site management companies available, as well as the possibility of off-site management or self-management. This flexibility allows you to maximize your rental income and make the most of your investment.
Located in Poipu, you’ll be within walking distance of some of the most stunning beaches in the world. The Poipu Shopping Village, which includes popular establishments like Starbucks and Kauai Juice Co, is also nearby. Additionally, owners and their guests have access to the Poipu Beach Athletic Club, where they can enjoy sport courts, a resort-style swimming pool, and a wide range of workout equipment.
If you’re a water sports enthusiast, you’ll be delighted to know that there is an on-site surf school and beach equipment rental available at the Beach Hut, which is just a two-minute walk from the unit. This means you can easily indulge in activities like surfing, snorkeling, and paddleboarding whenever you please.
Don’t miss out on this incredible opportunity to own a slice of paradise in Hawaii. With its prime location, excellent rental income potential, and a wide range of amenities, this ground floor condominium unit is truly a dream investment. Whether you choose to manage it yourself or through a management company, this property offers you the chance to enjoy the best of Hawaii while also earning a return on your investment.