Find your Waikiki accommodation at Island Colony. Whether it is a condo, apartment, townhome, or vacation rental in Waikiki or Island Colony, we have the vacation rental that is perfect for you. A complex is defined as a building or group of buildings that have a building name and 5 or more units. Examples would be a condo, condominium, apartment, group of townhouses or a walled/gated community. A walled or gated community must have a secure entrance and common amenities.