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 2019
| Properties | Location | Capitalisation Rate | Fair Value $'000 |
|---|---|---|---|
| Barron River Hotel | Hotel Stratford QLD | 6.75% | 4,100 |
| Beenleigh Tavern | Eagleby QLD | 6.25% | 11,900 |
| Berserker Tavern | Rockhampton QLD | 6.75% | 10,400 |
| Bonny View Tavern | Bald Hills QLD | 6.25% | 7,250 |
| Boomerang Hotel | West Mackay QLD | 7.00% | 4,900 |
| Bribie Island Hotel | Bellara QLD | 6.50% | 17,700 |
| Brighton Hotel | Brighton QLD | 6.00% | 14,400 |
| Brighton Metro Hotel | Brighton SA | 5.75% | 15,200 |
| Caboolture Sundowner Hotel Motel | Caboolture QLD | 6.00% | 13,250 |
| Chancellors Tavern | Sippy Downs QLD | 6.00% | 15,000 |
| Cleveland Sands Hotel | Cleveland QLD | 5.75% | 33,200 |
| Cleveland Tavern | Cleveland QLD | 6.00% | 17,250 |
| Club Hotel | Gladstone Central QLD | 7.00% | 4,200 |
| Coomera Lodge Hotel | Oxenford QLD | 6.00% | 4,450 |
| Crown Hotel | Lutwyche QLD | 6.00% | 41,000 |
| Diamonds Inala | Inala QLD | 6.00% | 14,000 |
| Diamonds Tavern | Kallangur QLD | 6.00% | 11,650 |
| Dunwoodys Tavern | Cairns North QLD | 5.75% | 25,500 |
| Empire Alternacade and Events | Cairns QLD | 6.00% | 10,100 |
| Everton Park Hotel | Everton Park QLD | 5.75% | 30,000 |
| Ferry Road Tavern | Southport QLD | 5.75% | 33,000 |
| Fitzy’s Hotel Loganholme | Loganholme QLD | 5.75% | 26,000 |
| Fitzy’s Waterford Hotel | Waterford QLD | 5.50% | 21,200 |
| Grafton Hotel | Edmonton QLD | 6.50% | 4,400 |
| Grand Junction Hotel | Pennington SA | 6.00% | 11,300 |
| Hotel Allen | North Ward QLD | 7.00% | 11,000 |
| Hotel HQ | Underwood QLD | 5.75% | 27,500 |
| Kings Beach Tavern | Kings Beach QLD | 6.00% | 18,000 |
| Kooyong Motor Hotel | North Mackay QLD | 7.50% | 7,650 |
| Leichhardt Hotel | Rockhampton QLD | 7.00% | 9,700 |
| Lord Stanley Hotel | East Brisbane QLD | 6.00% | 12,700 |
| Magnums Hotel | Airlie Beach QLD | 6.50% | 25,300 |
| Mi Hi Tavern | Brassal QLD | 5.50% | 23,100 |
| Palm Cove Tavern | Palm Cove QLD | 6.50% | 7,500 |
| Quest Griffith | Griffith NSW | 7.50% | 17,000 |
| Regatta Hotel | Toowong QLD | 5.75% | 49,300 |
| Royal Hotel | West End QLD | 7.00% | 3,600 |
| Royal Mail Hotel | Tewantin QLD | 6.50% | 20,700 |
| Tom’s Tavern | Aitkenvale QLD | 6.50% | 23,000 |
| Trinity Beach Tavern | Trinity Beach QLD | 6.50% | 18,700 |
| Wallaby Hotel | Mudgeeraba QLD | 6.00% | 12,250 |
| Waterloo Station Hotel | Paralowie SA | 6.50% | 20,700 |
| Woodpeckers Bar & Grill | Burpengary QLD | 6.00% | 5,200 |
| HPI Property Valuations Total | 6.10% | 714,250 |
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
