Piercing into the Honolulu skyline at 41 stories from Kalakaua Ave, Century Center is a diverse, mixed use, multi-level concrete and mirrored glass structure, which encompasses the best of residential luxury living and commercial operations set within a condominium complex. The property is located in the heart of Honolulu, less than a 10 minute walk to Ala Moana Beach Park and less than a 5 minute walk to shopping at Ala Moana mall, Waikiki, the Hawaii Convention Center.
Just listed are 3 fantastic units with impeccable uncongested views readily available for move in! 1 Fee Simple unit and 2 Leasehold units with the Fee Available for purchase.
Fee Simple vs. Leasehold
With Fee Simple ownership a purchaser would technically own their property outright indefinitely. However a Leasehold estate is different. They are properties where an owner (lessor) leases real estate to buyers (lessees) for specific period of time in this case a number of years. The lessee is permitted to occupy the property for the lease period and pays a separate lease rent. The lessee is also responsible for paying the property taxes and has a right of possession.
Some of the many reasons for why someone would purchase a Leasehold unit include the decreased purchase price allowing the possibility of a cash flow rental, or a buyer who might be more interested in living in a traditionally more expensive market and cannot afford Fee Simple pricing.
Available Units
Century Center #2502
(MLS# 201511285)
1 Bed / 2 Bath / 1,505 sq. ft.
Fee Simple
$550,000
Century Center #2502
Century Center #2303
(MLS# 201511300)
2 Bed / 2 Bath / 1,205 sq. ft.
Leasehold
$250,000 with Fee Available for purchase ($250,825.90 + tax)
Century Center #2303
Century Center #3203
(MLS# 201511390)
2 Bed / 2 Bath / 1,205 sq. ft.
Leasehold
$275,000 with Fee Available for purchase ($250,825.90 + tax)
Features similar corner Diamond Head and mountain views to #2303, but you’ll just have to see in person!
More Information
Contact me today for all private showings, Century Center info, and any of your real estate buy and selling needs!
Listing Agent: Caron Ling R(B)
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