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 2019

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD6.75%8,400
Beenleigh TavernEagleby QLD6.50%12,800
Berserker TavernRockhampton QLD7.00%10,500
Bonny View TavernBald Hills QLD7.00%13,900
Boomerang HotelWest Mackay QLD8.00%9,700
Bribie Island HotelBellara QLD6.50%18,200
Brighton HotelBrighton QLD6.75%12,900
Brighton Metro HotelBrighton SA5.75%18,300
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%12,300
Chancellors TavernSippy Downs QLD6.00%15,500
Cleveland Sands HotelCleveland QLD6.00%31,200
Cleveland TavernCleveland QLD6.25%17,100
Club HotelGladstone Central QLD0.00%3,600
Coomera Lodge HotelOxenford QLD6.75%5,600
Crown HotelLutwyche QLD6.50%37,900
Diamonds InalaInala QLD6.25%13,500
Diamonds TavernKallangur QLD7.00%9,800
Dunwoodys TavernCairns North QLD6.75%24,000
Empire Alternacade and EventsCairns QLD6.50%9,700
Everton Park HotelEverton Park QLD6.25%27,300
Ferry Road TavernSouthport QLD6.00%32,100
Fitzy’s Hotel LoganholmeLoganholme QLD6.25%25,200
Fitzy’s Waterford HotelWaterford QLD6.50%19,300
Grafton HotelEdmonton QLD7.00%5,700
Grand Junction HotelPennington SA6.25%11,300
Hotel AllenNorth Ward QLD0.00%6,300
Hotel HQUnderwood QLD6.00%26,600
Kings Beach TavernKings Beach QLD6.25%19,000
Kooyong Motor HotelNorth Mackay QLD0.00%3,500
Leichhardt HotelRockhampton QLD7.75%9,800
Lord Stanley HotelEast Brisbane QLD6.00%12,700
Magnums HotelAirlie Beach QLD6.50%24,500
Mi Hi TavernBrassal QLD6.50%19,200
Palm Cove TavernPalm Cove QLD6.75%8,500
Quest GriffithGriffith NSW7.44%15,900
Regatta HotelToowong QLD5.75%50,200
Royal HotelWest End QLD0.00%3,200
Royal Mail HotelTewantin QLD6.50%20,700
Tom’s TavernAitkenvale QLD6.75%21,000
Trinity Beach TavernTrinity Beach QLD6.50%18,800
Wallaby HotelMudgeeraba QLD6.25%13,400
Waterloo Station HotelParalowie SA6.50%20,700
Woodpeckers Bar & GrillBurpengary QLD6.50%8,700
HPI Property Valuations Total 6.42%708,500

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