Property
Valuations
The valuations of individual properties are prepared inclusive of liquor and gaming licenses owned by the HPI Group. For a more detailed insight into the HPI’s Fair Value assessment please refer to our Annual Report.
31 Dec 2021
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Acacia Ridge Hotel Motel | Acacia Ridge QLD | 4.44% | 24,625 |
| Ball Court Hotel | Sunbury VIC | 5.42% | 7,620 |
| Barron River Hotel | Hotel Stratford QLD | 5.75% | 5,450 |
| Beenleigh Tavern | Eagleby QLD | 4.50% | 20,400 |
| Berserker Tavern | Rockhampton QLD | 6.50% | 12,000 |
| Bonny View Tavern | Bald Hills QLD | 6.00% | 9,280 |
| Boomerang Hotel | West Mackay QLD | 6.75% | 5,000 |
| Bribie Island Hotel | Bellara QLD | 6.00% | 26,400 |
| Brighton Hotel | Brighton QLD | 4.50% | 24,000 |
| Brighton Metro Hotel | Brighton SA | 5.25% | 21,100 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 4.50% | 22,000 |
| Capella Hotel Motel | Capella QLD | 8.50% | 3,340 |
| Chancellors Tavern | Sippy Downs QLD | 5.25% | 24,480 |
| Cleveland Sands Hotel | Cleveland QLD | 4.50% | 49,250 |
| Cleveland Tavern | Cleveland QLD | 4.50% | 25,800 |
| Club Hotel | Gladstone Central QLD | 6.75% | 7,600 |
| Commercial Hotel | Clermont QLD | 9.00% | 3,056 |
| Commonwealth Hotel | Roma QLD | 7.60% | 9,786 |
| Coomera Lodge Hotel | Oxenford QLD | 5.75% | 6,590 |
| Crown Hotel | Lutwyche QLD | 5.25% | 50,000 |
| Diamonds Inala | Inala QLD | 5.25% | 19,800 |
| Diamonds Tavern | Kallangur QLD | 4.50% | 16,600 |
| Dunwoodys Tavern | Cairns North QLD | 5.50% | 33,500 |
| Edwardes Lake Hotel | Reservoir VIC | 5.00% | 28,000 |
| Empire Alternacade and Events | Cairns QLD | 5.25% | 12,700 |
| Everton Park Hotel | Everton Park QLD | 4.50% | 41,300 |
| Ferry Road Tavern | Southport QLD | 5.50% | 40,800 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 5.50% | 32,200 |
| Fitzy’s Waterford Hotel | Waterford QLD | 4.50% | 29,400 |
| Grafton Hotel | Edmonton QLD | 5.75% | 9,300 |
| Grand Hotel Motel | Clermont QLD | 9.00% | 2,780 |
| Grand Junction Hotel | Pennington SA | 5.50% | 15,600 |
| Gregory Hills Hotel | Gregory Hills NSW | 4.25% | 52,400 |
| Hotel Allen | North Ward QLD | 7.00% | 15,500 |
| Hotel HQ | Underwood QLD | 4.50% | 38,580 |
| Jubilee Tavern | Airlee Beach QLD | 6.00% | 12,000 |
| Kings Beach Tavern | Kings Beach QLD | 6.00% | 25,600 |
| Kooyong Motor Hotel | North Mackay QLD | 7.50% | 9,300 |
| Leichhardt Hotel | Rockhampton QLD | 6.50% | 10,100 |
| Lord Stanley Hotel | East Brisbane QLD | 5.50% | 14,100 |
| Magnums Hotel | Airlie Beach QLD | 5.75% | 30,500 |
| Mango Hill Tavern | Mango Hill QLD | 5.00% | 45,800 |
| Mi Hi Tavern | Brassal QLD | 5.50% | 24,500 |
| Palm Cove Tavern | Palm Cove QLD | 5.50% | 11,000 |
| Quest Griffith | Griffith NSW | 7.50% | 17,900 |
| Regatta Hotel | Toowong QLD | 5.75% | 52,400 |
| Royal Hotel | West End QLD | 7.00% | 3,830 |
| Royal Mail Hotel | Tewantin QLD | 6.00% | 23,900 |
| Summerhill Hotel | Reservoir VIC | 5.50% | 32,500 |
| Surfair Beach Hotel | Marcoola QLD | 7.00% | 10,450 |
| Tom’s Tavern | Aitkenvale QLD | 6.25% | 23,800 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.25% | 21,250 |
| Wallaby Hotel | Mudgeeraba QLD | 5.50% | 22,040 |
| Waterloo Station Hotel | Paralowie SA | 5.75% | 27,800 |
| White Bull Tavern | Roma QLD | 7.60% | 3,246 |
| Woodpeckers Bar & Grill | Burpengary QLD | 4.50% | 7,000 |
| HPI Property Valuations Total | 5.39% | 1,175,253 |
Note: capitalisation rate noted above is as at last independent valuation or as at acquisition.
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$1.26 billion Portfolio value**As at 31 December 2023
61 No. of properties**As at 31 December 2023
9.50 WALE**As at 31 December 2023
$18.5m Distributable earnings*As at 31 December 2023
Hotel Property Investments
25 010 330 515
Suite 2
Level 17, IBM Centre
60 City Rd Southbank
VIC 3006 Australia
