Investment Highlights
PROMINENT LOCATION IN DESIRABLE NEIGHBORHOOD WITH STRONG DEMOGRAPHICS
Kahala is known as a prestigious neighborhood with an affluent consumer base. There is a large concentration of luxury real estate and beachfront homes in the submarket.
SIGNIFICANT BARRIERS TO ENTRY
There is a scarcity of available land of this size in the submarket.
LACK OF NEW CLUSTER HOME DEVELOPMENT
There hasn’t been any recent construction for cluster homes in the area. The site is ideal for a small residential development or family compound of 1 to 8 homes.
FEE SIMPLE RESIDENTIAL OPPORTUNITY
The seller had prepared a Cluster Permit Application for 16 homes and a preliminary layout for 8 homes.
CONVENIENT LOCATION
The site is close to Waikiki, with easy access to the H-1 Freeway and approximately 6 miles to Honolulu’s Central Business District.