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 2018

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD7.00%7,710
Beenleigh TavernEagleby QLD6.50%12,600
Berserker TavernRockhampton QLD7.00%9,960
Bonny View TavernBald Hills QLD7.00%13,330
Boomerang HotelWest Mackay QLD8.00%9,220
Bribie Island HotelBellara QLD6.75%16,810
Brighton HotelBrighton QLD6.50%12,360
Brighton Metro HotelBrighton SA5.75%17,580
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%11,900
Chancellors TavernSippy Downs QLD6.00%14,900
Cleveland Sands HotelCleveland QLD6.00%30,100
Cleveland TavernCleveland QLD3.25%16,210
Club HotelGladstone Central QLD7.00%4,400
Coomera Lodge HotelOxenford QLD6.50%4,720
Crown HotelLutwyche QLD6.50%37,100
Diamonds InalaInala QLD6.50%12,370
Diamonds TavernKallangur QLD7.00%9,740
Dunwoodys TavernCairns North QLD6.75%23,090
Empire Alternacade and EventsCairns QLD6.50%9,300
Everton Park HotelEverton Park QLD6.25%26,290
Ferry Road TavernSouthport QLD6.00%31,700
Fitzy’s Hotel LoganholmeLoganholme QLD6.50%23,290
Fitzy’s Waterford HotelWaterford QLD6.50%18,500
Grafton HotelEdmonton QLD7.00%5,750
Grand Junction HotelPennington SA6.25%10,830
Hotel AllenNorth Ward QLD8.00%7,720
Hotel HQUnderwood QLD6.00%25,780
Hotel Wickham Fortitude Valley QLD6.50%12,030
Kings Beach TavernKings Beach QLD6.25%18,280
Kooyong Motor HotelNorth Mackay QLD8.00%6,550
Leichhardt HotelRockhampton QLD7.75%9,220
Lord Stanley HotelEast Brisbane QLD6.25%11,590
Magnums HotelAirlie Beach QLD6.50%23,700
Mi Hi TavernBrassal QLD6.50%18,550
Palm Cove TavernPalm Cove QLD6.50%8,360
Quest GriffithGriffith NSW7.44%15,250
Regatta HotelToowong QLD6.00%47,590
Royal HotelWest End QLD7.50%3,600
Royal Mail HotelTewantin QLD6.50%19,910
Tom’s TavernAitkenvale QLD6.75%22,720
Trinity Beach TavernTrinity Beach QLD6.75%17,420
Wallaby HotelMudgeeraba QLD6.25%13,100
Waterloo Station HotelParalowie SA6.25%20,690
Woodpeckers Bar & GrillBurpengary QLD6.50%8,400
HPI Property Valuations Total 6.42%700,220

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