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 2023

PropertiesLocationCapitalisation RateFair Value $'000
Avenues Bar & CaféStepney SA5.50%15,160
Ball Court HotelSunbury VIC5.25%8,790
Beenleigh TavernEagleby QLD5.25%18,950
Berserker TavernRockhampton QLD5.50%15,200
Bonny View TavernBald Hills QLD5.00%12,100
Boomerang HotelWest Mackay QLD5.75%9,500
Bribie Island HotelBellara QLD5.75%31,200
Brighton HotelBrighton QLD5.25%19,950
Brighton Metro HotelBrighton SA5.25%23,770
Caboolture Sundowner Hotel MotelCaboolture QLD5.25%20,450
Capella Hotel MotelCapella QLD8.25%3,650
Chancellors TavernSippy Downs QLD5.50%25,200
Cleveland Sands HotelCleveland QLD5.10%47,280
Cleveland TavernCleveland QLD5.25%23,980
Club HotelGladstone Central QLD5.50%10,100
Commercial HotelClermont QLD8.25%3,550
Commonwealth HotelRoma QLD7.50%10,500
Coomera Lodge HotelOxenford QLD4.75%14,120
Cornerstone Ale House Butler WA7.00%4,100
Crown HotelLutwyche QLD5.25%58,600
Diamonds InalaInala QLD5.25%21,430
Diamonds TavernKallangur QLD5.04%15,700
Dunwoodys TavernCairns North QLD5.25%39,200
Edwardes Lake HotelReservoir VIC5.00%30,140
Empire Alternacade and EventsCairns QLD5.25%13,800
Everton Park HotelEverton Park QLD5.25%38,440
Ferry Road TavernSouthport QLD5.50%44,900
Fitzy’s Hotel LoganholmeLoganholme QLD5.25%36,700
Fitzy’s Waterford HotelWaterford QLD5.25%27,300
Grafton HotelEdmonton QLD5.50%10,500
Grand Hotel MotelClermont QLD8.25%3,200
Grand Junction HotelPennington SA5.50%16,900
Gregory Hills HotelGregory Hills NSW4.75%48,400
Hotel AllenNorth Ward QLD7.50%15,200
Hotel HQUnderwood QLD5.18%35,200
Jubilee TavernAirlee Beach QLD5.50%13,600
Kings Beach TavernKings Beach QLD5.25%31,850
Kooyong Motor HotelNorth Mackay QLD5.50%13,180
Leichhardt HotelRockhampton QLD0.00%2,400
Magnums HotelAirlie Beach QLD6.25%30,000
Mango Hill TavernMango Hill QLD5.25%45,290
Mi Hi TavernBrassal QLD5.20%28,600
Mick O’Shea’s HotelHackham SA5.50%9,840
Mile End HotelMile End SA5.25%13,740
Palm Cove TavernPalm Cove QLD5.50%11,770
Quest GriffithGriffith NSW7.00%17,700
Regatta HotelToowong QLD5.25%57,700
Royal Mail HotelTewantin QLD5.50%17,150
Summerhill HotelReservoir VIC5.50%34,100
Surfair Beach HotelMarcoola QLD6.00%12,950
The DuckCoromandel Valley SA5.25%13,230
The Strand HotelYeppoon QLD6.20%8,930
The UnleyParkside SA5.25%6,100
Tom’s TavernAitkenvale QLD6.25%26,500
Trinity Beach TavernTrinity Beach QLD6.50%22,000
Victoria Hotel (Strathalbyn)Strathalbyn SA5.50%6,670
Wallaby HotelMudgeeraba QLD5.75%21,900
Waterloo Station HotelParalowie SA5.75%31,100
West End HotelAdelaide SA5.25%3,540
White Bull TavernRoma QLD7.50%3,500
Woodpeckers Bar & GrillBurpengary QLD5.03%7,420
HPI Property Valuations Total 5.47%1,263,920

Note: capitalisation rate noted above is as at last independent valuation or as at acquisition.