Harvest Hotels - Pub Fund 1

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Investment start date

December 2022

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Asset Class

Alternative Property

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Return

18.2% p.a. IRR & 7.5% p.a distributions, paid quarterly

This investment was initially established in March 2019, with the purpose of improving the value of two pubs, through development, upgrades and refurbishment. Whilst COVID-19 caused some delays and setbacks, the group has managed to deliver significant returns to investors with an average IRR of 28.4% to date. HPF1 now holds four independently valued hotels, The Courthouse Hotel, The Railway Hotel, The Milestone Hotel and the William Farrer Hotel, which total $82.4m in value.  Fund 1 prioritises and targets regional NSW, however it is also actively seeking to diversify into regional VIC, QLD and the NT for potential investment opportunities.