Property
Valuations

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 2017

PropertiesLocationCapitalisation RateFair Value $'000
Barron River HotelHotel Stratford QLD7.00%7,430
Beenleigh TavernEagleby QLD6.50%12,500
Berserker TavernRockhampton QLD7.00%9,600
Bonny View TavernBald Hills QLD7.00%12,830
Boomerang HotelWest Mackay QLD8.00%8,880
Bribie Island HotelBellara QLD6.75%16,070
Brighton HotelBrighton QLD6.75%11,850
Brighton Metro HotelBrighton SA5.75%16,860
Caboolture Sundowner Hotel MotelCaboolture QLD6.75%11,440
Chancellors TavernSippy Downs QLD6.25%13,830
Cleveland Sands HotelCleveland QLD6.00%28,930
Cleveland TavernCleveland QLD6.25%15,610
Club HotelGladstone Central QLD7.00%7,510
Coomera Lodge HotelOxenford QLD6.50%4,540
Crown HotelLutwyche QLD6.50%35,570
Diamonds InalaInala QLD6.50%11,900
Diamonds TavernKallangur QLD6.75%9,350
Dunwoodys TavernCairns North QLD6.75%22,140
Empire Alternacade and EventsCairns QLD6.50%8,940
Everton Park HotelEverton Park QLD6.25%25,140
Ferry Road TavernSouthport QLD6.00%29,870
Fitzy’s Hotel LoganholmeLoganholme QLD6.50%22,350
Fitzy’s Waterford HotelWaterford QLD6.75%17,225
Grafton HotelEdmonton QLD7.00%5,750
Grand Junction HotelPennington SA6.25%10,360
Hotel AllenNorth Ward QLD8.00%7,750
Hotel HQUnderwood QLD6.00%24,640
Hotel Wickham Fortitude Valley QLD6.50%11,490
Kings Beach TavernKings Beach QLD6.25%17,500
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%22,940
Mi Hi TavernBrassal QLD6.75%17,040
Palm Cove TavernPalm Cove QLD6.50%8,050
Regatta HotelToowong QLD6.00%41,980
Royal HotelWest End QLD7.50%5,350
Royal Mail HotelTewantin QLD6.50%19,180
Tom’s TavernAitkenvale QLD6.75%22,280
Trinity Beach TavernTrinity Beach QLD6.75%16,820
Wallaby HotelMudgeeraba QLD6.25%12,620
Waterloo Station HotelParalowie SA6.25%19,950
Woodpeckers Bar & GrillBurpengary QLD6.50%8,060
HPI Property Valuations Total 6.50%658,675

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