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 2017

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD7.00%7,430
Beenleigh TavernEagleby QLD6.50%12,600
Berserker TavernRockhampton QLD7.00%9,600
Bonny View TavernBald Hills QLD7.00%13,330
Boomerang HotelWest Mackay QLD8.00%8,880
Bribie Island HotelBellara QLD6.75%16,160
Brighton HotelBrighton QLD6.75%11,900
Brighton Metro HotelBrighton SA5.75%16,950
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%11,400
Chancellors TavernSippy Downs QLD5.00%14,400
Cleveland Sands HotelCleveland QLD6.00%30,100
Cleveland TavernCleveland QLD6.25%15,610
Club HotelGladstone Central QLD7.00%4,400
Coomera Lodge HotelOxenford QLD6.50%4,740
Crown HotelLutwyche QLD6.50%35,900
Diamonds InalaInala QLD6.50%11,900
Diamonds TavernKallangur QLD7.00%9,350
Dunwoodys TavernCairns North QLD6.75%22,250
Empire Alternacade and EventsCairns QLD6.50%8,950
Everton Park HotelEverton Park QLD6.25%26,220
Ferry Road TavernSouthport QLD6.00%30,500
Fitzy’s Hotel LoganholmeLoganholme QLD6.50%22,350
Fitzy’s Waterford HotelWaterford QLD6.50%17,900
Grafton HotelEdmonton QLD7.00%5,750
Grand Junction HotelPennington SA6.25%10,450
Hotel AllenNorth Ward QLD8.00%8,200
Hotel HQUnderwood QLD6.00%24,750
Hotel Wickham Fortitude Valley QLD6.50%11,570
Kings Beach TavernKings Beach QLD6.25%17,600
Kooyong Motor HotelNorth Mackay QLD8.00%6,550
Leichhardt HotelRockhampton QLD7.75%8,880
Lord Stanley HotelEast Brisbane QLD6.25%11,120
Magnums HotelAirlie Beach QLD6.50%23,700
Mi Hi TavernBrassal QLD6.50%18,550
Palm Cove TavernPalm Cove QLD6.50%8,060
Regatta HotelToowong QLD6.00%42,140
Royal HotelWest End QLD7.50%4,000
Royal Mail HotelTewantin QLD6.50%19,180
Tom’s TavernAitkenvale QLD6.75%22,170
Trinity Beach TavernTrinity Beach QLD6.75%16,800
Wallaby HotelMudgeeraba QLD6.25%12,800
Waterloo Station HotelParalowie SA6.25%19,950
Woodpeckers Bar & GrillBurpengary QLD6.50%8,100
HPI Property Valuations Total 6.46%663,140

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