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 2019
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Barron River Hotel | Hotel Stratford QLD | 6.75% | 8,400 |
| Beenleigh Tavern | Eagleby QLD | 6.50% | 12,800 |
| Berserker Tavern | Rockhampton QLD | 7.00% | 10,500 |
| Bonny View Tavern | Bald Hills QLD | 7.00% | 13,900 |
| Boomerang Hotel | West Mackay QLD | 8.00% | 9,700 |
| Bribie Island Hotel | Bellara QLD | 6.50% | 18,200 |
| Brighton Hotel | Brighton QLD | 6.75% | 12,900 |
| Brighton Metro Hotel | Brighton SA | 5.75% | 18,300 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 6.75% | 12,300 |
| Chancellors Tavern | Sippy Downs QLD | 6.00% | 15,500 |
| Cleveland Sands Hotel | Cleveland QLD | 6.00% | 31,200 |
| Cleveland Tavern | Cleveland QLD | 6.25% | 17,100 |
| Club Hotel | Gladstone Central QLD | 0.00% | 3,600 |
| Coomera Lodge Hotel | Oxenford QLD | 6.75% | 5,600 |
| Crown Hotel | Lutwyche QLD | 6.50% | 37,900 |
| Diamonds Inala | Inala QLD | 6.25% | 13,500 |
| Diamonds Tavern | Kallangur QLD | 7.00% | 9,800 |
| Dunwoodys Tavern | Cairns North QLD | 6.75% | 24,000 |
| Empire Alternacade and Events | Cairns QLD | 6.50% | 9,700 |
| Everton Park Hotel | Everton Park QLD | 6.25% | 27,300 |
| Ferry Road Tavern | Southport QLD | 6.00% | 32,100 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 6.25% | 25,200 |
| Fitzy’s Waterford Hotel | Waterford QLD | 6.50% | 19,300 |
| Grafton Hotel | Edmonton QLD | 7.00% | 5,700 |
| Grand Junction Hotel | Pennington SA | 6.25% | 11,300 |
| Hotel Allen | North Ward QLD | 0.00% | 6,300 |
| Hotel HQ | Underwood QLD | 6.00% | 26,600 |
| Kings Beach Tavern | Kings Beach QLD | 6.25% | 19,000 |
| Kooyong Motor Hotel | North Mackay QLD | 0.00% | 3,500 |
| Leichhardt Hotel | Rockhampton QLD | 7.75% | 9,800 |
| Lord Stanley Hotel | East Brisbane QLD | 6.00% | 12,700 |
| Magnums Hotel | Airlie Beach QLD | 6.50% | 24,500 |
| Mi Hi Tavern | Brassal QLD | 6.50% | 19,200 |
| Palm Cove Tavern | Palm Cove QLD | 6.75% | 8,500 |
| Quest Griffith | Griffith NSW | 7.44% | 15,900 |
| Regatta Hotel | Toowong QLD | 5.75% | 50,200 |
| Royal Hotel | West End QLD | 0.00% | 3,200 |
| Royal Mail Hotel | Tewantin QLD | 6.50% | 20,700 |
| Tom’s Tavern | Aitkenvale QLD | 6.75% | 21,000 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.50% | 18,800 |
| Wallaby Hotel | Mudgeeraba QLD | 6.25% | 13,400 |
| Waterloo Station Hotel | Paralowie SA | 6.50% | 20,700 |
| Woodpeckers Bar & Grill | Burpengary QLD | 6.50% | 8,700 |
| HPI Property Valuations Total | 6.42% | 708,500 |
Note: capitalisation rate noted above is as at last independent valuation or as at acquisition.
(16 Results - Page 11 of 16)
$1.28 billion Portfolio value**As at 30 June 2024
59 No. of properties**As at 30 June 2024
9.10 WALE**As at 30 June 2024
19.7 FY25 Forecast Distribution**Cents Per Security
Hotel Property Investments
25 010 330 515
Suite 2
Level 17, IBM Centre
60 City Rd Southbank
VIC 3006 Australia
