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 2020

PropertiesLocationCapitalisation RateFair Value $'000
Acacia Ridge Hotel MotelAcacia Ridge QLD5.50%20,000
Barron River HotelHotel Stratford QLD6.75%4,000
Beenleigh TavernEagleby QLD6.25%12,400
Berserker TavernRockhampton QLD6.75%10,600
Bonny View TavernBald Hills QLD6.00%8,900
Boomerang HotelWest Mackay QLD7.00%4,700
Bribie Island HotelBellara QLD6.50%18,200
Brighton HotelBrighton QLD6.00%14,800
Brighton Metro HotelBrighton SA5.75%15,800
Caboolture Sundowner Hotel MotelCaboolture QLD6.00%14,360
Chancellors TavernSippy Downs QLD6.00%15,720
Cleveland Sands HotelCleveland QLD5.75%34,800
Cleveland TavernCleveland QLD6.00%17,650
Club HotelGladstone Central QLD7.00%4,000
Coomera Lodge HotelOxenford QLD6.00%4,520
Crown HotelLutwyche QLD6.00%41,990
Diamonds InalaInala QLD6.00%13,600
Diamonds TavernKallangur QLD6.00%11,600
Dunwoodys TavernCairns North QLD5.75%26,200
Empire Alternacade and EventsCairns QLD6.00%10,700
Everton Park HotelEverton Park QLD5.75%30,900
Ferry Road TavernSouthport QLD5.75%32,800
Fitzy’s Hotel LoganholmeLoganholme QLD5.50%30,000
Fitzy’s Waterford HotelWaterford QLD5.50%22,200
Grafton HotelEdmonton QLD6.50%4,400
Grand Junction HotelPennington SA6.00%11,600
Gregory Hills HotelGregory Hills NSW5.50%40,000
Hotel AllenNorth Ward QLD7.00%10,700
Hotel HQUnderwood QLD5.75%28,760
Jubilee TavernAirlee Beach QLD7.50%9,300
Kings Beach TavernKings Beach QLD6.00%18,600
Kooyong Motor HotelNorth Mackay QLD7.50%8,190
Leichhardt HotelRockhampton QLD7.00%10,000
Lord Stanley HotelEast Brisbane QLD6.00%12,900
Magnums HotelAirlie Beach QLD5.75%29,600
Mango Hill TavernMango Hill QLD5.60%31,250
Mi Hi TavernBrassal QLD5.50%23,500
Palm Cove TavernPalm Cove QLD5.50%10,400
Quest GriffithGriffith NSW7.50%17,400
Regatta HotelToowong QLD5.75%51,400
Royal HotelWest End QLD7.00%3,490
Royal Mail HotelTewantin QLD6.00%23,000
Tom’s TavernAitkenvale QLD6.50%21,700
Trinity Beach TavernTrinity Beach QLD6.25%19,950
Wallaby HotelMudgeeraba QLD6.00%14,150
Waterloo Station HotelParalowie SA5.75%23,900
Woodpeckers Bar & GrillBurpengary QLD6.00%5,400
HPI Property Valuations Total 5.97%850,030

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