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 December 2022
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Avenues Bar & Café | Stepney SA | 5.50% | 16,500 |
| Ball Court Hotel | Sunbury VIC | 5.25% | 8,000 |
| Beenleigh Tavern | Eagleby QLD | 5.31% | 18,200 |
| Berserker Tavern | Rockhampton QLD | 5.50% | 14,600 |
| Bonny View Tavern | Bald Hills QLD | 4.75% | 12,200 |
| Boomerang Hotel | West Mackay QLD | 5.50% | 9,550 |
| Bribie Island Hotel | Bellara QLD | 5.50% | 31,900 |
| Brighton Hotel | Brighton QLD | 4.98% | 22,400 |
| Brighton Metro Hotel | Brighton SA | 5.25% | 22,850 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 4.90% | 21,430 |
| Capella Hotel Motel | Capella QLD | 8.50% | 3,380 |
| Chancellors Tavern | Sippy Downs QLD | 5.25% | 25,350 |
| Cleveland Sands Hotel | Cleveland QLD | 5.10% | 45,400 |
| Cleveland Tavern | Cleveland QLD | 4.75% | 25,850 |
| Club Hotel | Gladstone Central QLD | 5.50% | 9,700 |
| Commercial Hotel | Clermont QLD | 8.75% | 3,180 |
| Commonwealth Hotel | Roma QLD | 7.50% | 10,150 |
| Coomera Lodge Hotel | Oxenford QLD | 4.50% | 13,950 |
| Crown Hotel | Lutwyche QLD | 5.58% | 52,500 |
| Diamonds Inala | Inala QLD | 4.75% | 22,800 |
| Diamonds Tavern | Kallangur QLD | 5.04% | 14,900 |
| Dunwoodys Tavern | Cairns North QLD | 5.25% | 37,700 |
| Edwardes Lake Hotel | Reservoir VIC | 5.00% | 29,417 |
| Empire Alternacade and Events | Cairns QLD | 5.25% | 13,200 |
| Everton Park Hotel | Everton Park QLD | 4.75% | 38,350 |
| Ferry Road Tavern | Southport QLD | 5.25% | 45,200 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 4.75% | 38,850 |
| Fitzy’s Waterford Hotel | Waterford QLD | 4.75% | 28,950 |
| Grafton Hotel | Edmonton QLD | 5.50% | 10,100 |
| Grand Hotel Motel | Clermont QLD | 8.25% | 3,060 |
| Grand Junction Hotel | Pennington SA | 5.50% | 16,250 |
| Gregory Hills Hotel | Gregory Hills NSW | 4.75% | 47,700 |
| Hotel Allen | North Ward QLD | 7.00% | 15,185 |
| Hotel HQ | Underwood QLD | 5.18% | 36,100 |
| Jubilee Tavern | Airlee Beach QLD | 5.50% | 13,200 |
| Kings Beach Tavern | Kings Beach QLD | 5.25% | 30,600 |
| Kooyong Motor Hotel | North Mackay QLD | 5.50% | 12,700 |
| Leichhardt Hotel | Rockhampton QLD | 0.00% | 6,500 |
| Magnums Hotel | Airlie Beach QLD | 5.75% | 31,500 |
| Mango Hill Tavern | Mango Hill QLD | 5.25% | 43,550 |
| Mi Hi Tavern | Brassal QLD | 4.75% | 30,350 |
| 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% | 11,230 |
| Quest Griffith | Griffith NSW | 7.00% | 16,800 |
| Regatta Hotel | Toowong QLD | 4.75% | 61,300 |
| Royal Mail Hotel | Tewantin QLD | 6.50% | 22,900 |
| Summerhill Hotel | Reservoir VIC | 5.50% | 33,000 |
| Surfair Beach Hotel | Marcoola QLD | 5.75% | 13,100 |
| The Duck | Coromandel Valley SA | 5.25% | 12,900 |
| The Unley | Parkside SA | 5.25% | 5,950 |
| Tom’s Tavern | Aitkenvale QLD | 6.00% | 26,200 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.00% | 22,930 |
| Victoria Hotel (Strathalbyn) | Strathalbyn SA | 5.50% | 6,500 |
| Wallaby Hotel | Mudgeeraba QLD | 5.50% | 21,900 |
| Waterloo Station Hotel | Paralowie SA | 5.75% | 29,200 |
| West End Hotel | Adelaide SA | 5.25% | 3,450 |
| White Bull Tavern | Roma QLD | 7.50% | 3,370 |
| Woodpeckers Bar & Grill | Burpengary QLD | 5.03% | 7,190 |
| HPI Property Valuations Total | 5.30% | 1,254,172 |
Note: capitalisation rate noted above is as at last independent valuation or as at acquisition.
(16 Results - Page 4 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
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VIC 3006 Australia
