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.
30 June 2021
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Acacia Ridge Hotel Motel | Acacia Ridge QLD | 5.50% | 20,200 |
| Barron River Hotel | Hotel Stratford QLD | 6.75% | 4,700 |
| Beenleigh Tavern | Eagleby QLD | 6.25% | 13,000 |
| Berserker Tavern | Rockhampton QLD | 6.75% | 11,400 |
| Bonny View Tavern | Bald Hills QLD | 6.00% | 8,920 |
| Boomerang Hotel | West Mackay QLD | 6.75% | 5,200 |
| Bribie Island Hotel | Bellara QLD | 6.00% | 20,700 |
| Brighton Hotel | Brighton QLD | 6.00% | 15,300 |
| Brighton Metro Hotel | Brighton SA | 5.75% | 17,900 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 6.00% | 14,900 |
| Capella Hotel Motel | Capella QLD | 8.50% | 3,340 |
| Chancellors Tavern | Sippy Downs QLD | 5.25% | 18,300 |
| Cleveland Sands Hotel | Cleveland QLD | 5.75% | 35,500 |
| Cleveland Tavern | Cleveland QLD | 6.00% | 18,790 |
| Club Hotel | Gladstone Central QLD | 7.00% | 4,500 |
| Commercial Hotel | Clermont QLD | 9.00% | 3,056 |
| Commonwealth Hotel | Roma QLD | 7.60% | 9,786 |
| Coomera Lodge Hotel | Oxenford QLD | 5.70% | 2,800 |
| Crown Hotel | Lutwyche QLD | 5.50% | 45,000 |
| Diamonds Inala | Inala QLD | 5.25% | 17,000 |
| Diamonds Tavern | Kallangur QLD | 6.00% | 12,090 |
| Dunwoodys Tavern | Cairns North QLD | 5.75% | 27,400 |
| Empire Alternacade and Events | Cairns QLD | 6.00% | 11,100 |
| Everton Park Hotel | Everton Park QLD | 5.75% | 29,200 |
| Ferry Road Tavern | Southport QLD | 5.50% | 38,600 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 5.50% | 31,800 |
| Fitzy’s Waterford Hotel | Waterford QLD | 5.50% | 24,000 |
| Grafton Hotel | Edmonton QLD | 6.50% | 4,700 |
| Grand Hotel Motel | Clermont QLD | 9.00% | 2,780 |
| Grand Junction Hotel | Pennington SA | 6.00% | 12,400 |
| Gregory Hills Hotel | Gregory Hills NSW | 5.50% | 40,600 |
| Hotel Allen | North Ward QLD | 7.00% | 12,700 |
| Hotel HQ | Underwood QLD | 5.75% | 29,760 |
| Jubilee Tavern | Airlee Beach QLD | 7.50% | 9,300 |
| Kings Beach Tavern | Kings Beach QLD | 6.00% | 20,900 |
| Kooyong Motor Hotel | North Mackay QLD | 7.50% | 8,520 |
| Leichhardt Hotel | Rockhampton QLD | 6.50% | 12,800 |
| Lord Stanley Hotel | East Brisbane QLD | 5.50% | 14,000 |
| Magnums Hotel | Airlie Beach QLD | 5.75% | 29,600 |
| Mango Hill Tavern | Mango Hill QLD | 5.60% | 32,050 |
| Mi Hi Tavern | Brassal QLD | 5.50% | 23,600 |
| Palm Cove Tavern | Palm Cove QLD | 5.50% | 11,000 |
| Quest Griffith | Griffith NSW | 7.50% | 17,400 |
| Regatta Hotel | Toowong QLD | 5.75% | 51,000 |
| Royal Hotel | West End QLD | 7.00% | 3,830 |
| Royal Mail Hotel | Tewantin QLD | 6.00% | 23,900 |
| Summerhill Hotel | Reservoir VIC | 6.90% | 22,700 |
| Surfair Beach Hotel | Marcoola QLD | 7.00% | 10,450 |
| Tom’s Tavern | Aitkenvale QLD | 6.25% | 23,900 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.25% | 20,690 |
| Wallaby Hotel | Mudgeeraba QLD | 5.50% | 15,800 |
| Waterloo Station Hotel | Paralowie SA | 5.75% | 24,800 |
| White Bull Tavern | Roma QLD | 7.60% | 3,246 |
| Woodpeckers Bar & Grill | Burpengary QLD | 6.00% | 5,600 |
| HPI Property Valuations Total | 5.95% | 952,508 |
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
