Vacant unit. The famous Island Colony unit is a great property for any type of use such as vacation rental, long-term rental, hotel rental program, or as your resident or vacation home. The building is located 5 minutes away from Waikiki's main street Kalakaua Ave and 3 minutes away from the bus stop. The building is secured by a security guard and keyed entrance and elevators and there are many amenities such as Swimming Pool, Hot Spa, BBQ grills, Coined laundries, and Sun Deck. Listing by: Kaina Hale Hawaii Realty Inc.