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 2023
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Avenues Bar & Café | Stepney SA | 5.50% | 16,550 |
| Ball Court Hotel | Sunbury VIC | 5.25% | 8,550 |
| Beenleigh Tavern | Eagleby QLD | 5.31% | 18,200 |
| Berserker Tavern | Rockhampton QLD | 5.50% | 15,200 |
| Bonny View Tavern | Bald Hills QLD | 5.00% | 11,600 |
| Boomerang Hotel | West Mackay QLD | 5.50% | 9,550 |
| Bribie Island Hotel | Bellara QLD | 5.50% | 33,200 |
| Brighton Hotel | Brighton QLD | 4.98% | 23,300 |
| Brighton Metro Hotel | Brighton SA | 5.25% | 23,770 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 5.25% | 20,450 |
| Capella Hotel Motel | Capella QLD | 8.25% | 3,650 |
| Chancellors Tavern | Sippy Downs QLD | 5.25% | 25,200 |
| Cleveland Sands Hotel | Cleveland QLD | 5.10% | 45,400 |
| Cleveland Tavern | Cleveland QLD | 5.25% | 24,000 |
| Club Hotel | Gladstone Central QLD | 5.50% | 10,100 |
| Commercial Hotel | Clermont QLD | 8.25% | 3,550 |
| Commonwealth Hotel | Roma QLD | 7.50% | 10,500 |
| Coomera Lodge Hotel | Oxenford QLD | 4.75% | 13,600 |
| Cornerstone Ale House | Butler WA | 7.00% | 4,000 |
| Crown Hotel | Lutwyche QLD | 5.58% | 54,610 |
| Diamonds Inala | Inala QLD | 5.25% | 21,450 |
| Diamonds Tavern | Kallangur QLD | 5.04% | 15,500 |
| Dunwoodys Tavern | Cairns North QLD | 5.25% | 39,200 |
| Edwardes Lake Hotel | Reservoir VIC | 5.00% | 29,400 |
| Empire Alternacade and Events | Cairns QLD | 5.25% | 13,800 |
| Everton Park Hotel | Everton Park QLD | 5.25% | 34,550 |
| Ferry Road Tavern | Southport QLD | 5.25% | 46,420 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 5.25% | 36,700 |
| Fitzy’s Waterford Hotel | Waterford QLD | 5.25% | 27,300 |
| Grafton Hotel | Edmonton QLD | 5.50% | 10,500 |
| Grand Hotel Motel | Clermont QLD | 8.25% | 3,200 |
| Grand Junction Hotel | Pennington SA | 5.50% | 16,900 |
| Gregory Hills Hotel | Gregory Hills NSW | 4.75% | 48,400 |
| Hotel Allen | North Ward QLD | 7.00% | 15,185 |
| Hotel HQ | Underwood QLD | 5.18% | 36,700 |
| Jubilee Tavern | Airlee Beach QLD | 5.50% | 13,200 |
| Kings Beach Tavern | Kings Beach QLD | 5.25% | 31,800 |
| Kooyong Motor Hotel | North Mackay QLD | 5.50% | 13,180 |
| Leichhardt Hotel | Rockhampton QLD | 0.00% | 1,200 |
| Magnums Hotel | Airlie Beach QLD | 6.25% | 29,000 |
| Mango Hill Tavern | Mango Hill QLD | 5.25% | 45,380 |
| Mi Hi Tavern | Brassal QLD | 5.20% | 27,500 |
| Mick O’Shea’s Hotel | Hackham SA | 5.50% | 9,600 |
| Mile End Hotel | Mile End SA | 5.25% | 13,400 |
| Palm Cove Tavern | Palm Cove QLD | 5.50% | 11,800 |
| Quest Griffith | Griffith NSW | 7.00% | 16,800 |
| Regatta Hotel | Toowong QLD | 4.75% | 63,800 |
| Royal Mail Hotel | Tewantin QLD | 5.50% | 17,450 |
| Summerhill Hotel | Reservoir VIC | 5.50% | 33,100 |
| Surfair Beach Hotel | Marcoola QLD | 5.75% | 13,500 |
| The Duck | Coromandel Valley SA | 5.25% | 12,900 |
| The Unley | Parkside SA | 5.25% | 5,950 |
| Tom’s Tavern | Aitkenvale QLD | 6.00% | 26,930 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.50% | 22,000 |
| Victoria Hotel (Strathalbyn) | Strathalbyn SA | 5.50% | 6,500 |
| Wallaby Hotel | Mudgeeraba QLD | 5.50% | 22,430 |
| Waterloo Station Hotel | Paralowie SA | 5.75% | 31,100 |
| West End Hotel | Adelaide SA | 5.25% | 3,450 |
| White Bull Tavern | Roma QLD | 7.50% | 3,500 |
| Woodpeckers Bar & Grill | Burpengary QLD | 5.03% | 7,460 |
| HPI Property Valuations Total | 5.41% | 1,253,115 |
Note: capitalisation rate noted above is as at last independent valuation or as at acquisition.
(16 Results - Page 3 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
