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 2016

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD7.00%7,100
Beenleigh TavernEagleby QLD6.50%12,300
Berserker TavernRockhampton QLD7.00%9,200
Bonny View TavernBald Hills QLD7.00%12,800
Boomerang HotelWest Mackay QLD8.00%8,600
Bribie Island HotelBellara QLD6.75%15,400
Brighton HotelBrighton QLD6.75%11,300
Brighton Metro HotelBrighton SA5.75%16,300
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%10,900
Chancellors TavernSippy Downs QLD6.25%13,300
Cleveland Sands HotelCleveland QLD6.00%28,450
Cleveland TavernCleveland QLD6.25%14,950
Club HotelGladstone Central QLD7.00%7,100
Coomera Lodge HotelOxenford QLD6.50%4,750
Crown HotelLutwyche QLD6.50%34,750
Diamonds InalaInala QLD6.50%11,350
Diamonds TavernKallangur QLD6.75%8,900
Dunwoodys TavernCairns North QLD6.75%21,250
Empire Alternacade and EventsCairns QLD6.50%8,600
Everton Park HotelEverton Park QLD6.25%25,000
Ferry Road TavernSouthport QLD6.00%29,650
Fitzy’s Hotel LoganholmeLoganholme QLD6.50%21,650
Fitzy’s Waterford HotelWaterford QLD6.75%16,475
Grafton HotelEdmonton QLD7.00%7,200
Grand Junction HotelPennington SA6.25%9,950
Hotel AllenNorth Ward QLD8.00%12,000
Hotel HQUnderwood QLD6.00%23,700
Hotel Wickham Fortitude Valley QLD6.50%11,100
Kings Beach TavernKings Beach QLD6.25%16,800
Kooyong Motor HotelNorth Mackay QLD8.00%6,550
Leichhardt HotelRockhampton QLD7.75%8,400
Lord Stanley HotelEast Brisbane QLD6.25%10,500
Magnums HotelAirlie Beach QLD6.50%22,450
Mi Hi TavernBrassal QLD6.75%16,900
Palm Cove TavernPalm Cove QLD6.50%7,850
Regatta HotelToowong QLD6.00%40,350
Royal HotelWest End QLD7.50%5,750
Royal Mail HotelTewantin QLD6.50%18,400
Tom’s TavernAitkenvale QLD6.75%21,200
Trinity Beach TavernTrinity Beach QLD6.75%16,250
Wallaby HotelMudgeeraba QLD6.25%12,450
Waterloo Station HotelParalowie SA6.25%19,200
Woodpeckers Bar & GrillBurpengary QLD6.50%7,700
HPI Property Valuations Total 6.51%644,775

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