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 2018

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD6.75%8,100
Beenleigh TavernEagleby QLD6.50%12,840
Berserker TavernRockhampton QLD7.00%10,100
Bonny View TavernBald Hills QLD7.00%13,900
Boomerang HotelWest Mackay QLD8.00%9,400
Bribie Island HotelBellara QLD6.50%17,500
Brighton HotelBrighton QLD6.75%12,390
Brighton Metro HotelBrighton SA5.75%17,630
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%11,900
Chancellors TavernSippy Downs QLD6.00%14,940
Cleveland Sands HotelCleveland QLD6.00%31,230
Cleveland TavernCleveland QLD6.25%16,400
Club HotelGladstone Central QLD7.00%3,770
Coomera Lodge HotelOxenford QLD6.75%5,200
Crown HotelLutwyche QLD6.50%37,200
Diamonds InalaInala QLD6.25%13,000
Diamonds TavernKallangur QLD7.00%9,800
Dunwoodys TavernCairns North QLD6.75%23,130
Empire Alternacade and EventsCairns QLD6.50%9,300
Everton Park HotelEverton Park QLD6.25%27,250
Ferry Road TavernSouthport QLD6.00%31,690
Fitzy’s Hotel LoganholmeLoganholme QLD6.25%24,250
Fitzy’s Waterford HotelWaterford QLD6.50%18,600
Grafton HotelEdmonton QLD7.00%5,740
Grand Junction HotelPennington SA6.25%10,860
Hotel AllenNorth Ward QLD8.00%6,890
Hotel HQUnderwood QLD6.00%26,180
Kings Beach TavernKings Beach QLD6.25%18,310
Kooyong Motor HotelNorth Mackay QLD8.00%3,700
Leichhardt HotelRockhampton QLD7.75%9,300
Lord Stanley HotelEast Brisbane QLD6.00%12,200
Magnums HotelAirlie Beach QLD6.50%24,500
Mi Hi TavernBrassal QLD6.50%19,230
Palm Cove TavernPalm Cove QLD6.75%8,200
Quest GriffithGriffith NSW7.44%15,880
Regatta HotelToowong QLD5.75%49,000
Royal HotelWest End QLD7.50%3,420
Royal Mail HotelTewantin QLD6.50%20,000
Tom’s TavernAitkenvale QLD6.75%21,600
Trinity Beach TavernTrinity Beach QLD6.50%18,000
Wallaby HotelMudgeeraba QLD6.25%13,090
Waterloo Station HotelParalowie SA6.50%20,000
Woodpeckers Bar & GrillBurpengary QLD6.50%8,380
HPI Property Valuations Total 6.45%694,000

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