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.

31 Dec 2021

PropertiesLocationCapitalisation RateFair Value $'000
Acacia Ridge Hotel MotelAcacia Ridge QLD4.44%24,625
Ball Court HotelSunbury VIC5.42%7,620
Barron River HotelHotel Stratford QLD5.75%5,450
Beenleigh TavernEagleby QLD4.50%20,400
Berserker TavernRockhampton QLD6.50%12,000
Bonny View TavernBald Hills QLD6.00%9,280
Boomerang HotelWest Mackay QLD6.75%5,000
Bribie Island HotelBellara QLD6.00%26,400
Brighton HotelBrighton QLD4.50%24,000
Brighton Metro HotelBrighton SA5.25%21,100
Caboolture Sundowner Hotel MotelCaboolture QLD4.50%22,000
Capella Hotel MotelCapella QLD8.50%3,340
Chancellors TavernSippy Downs QLD5.25%24,480
Cleveland Sands HotelCleveland QLD4.50%49,250
Cleveland TavernCleveland QLD4.50%25,800
Club HotelGladstone Central QLD6.75%7,600
Commercial HotelClermont QLD9.00%3,056
Commonwealth HotelRoma QLD7.60%9,786
Coomera Lodge HotelOxenford QLD5.75%6,590
Crown HotelLutwyche QLD5.25%50,000
Diamonds InalaInala QLD5.25%19,800
Diamonds TavernKallangur QLD4.50%16,600
Dunwoodys TavernCairns North QLD5.50%33,500
Edwardes Lake HotelReservoir VIC5.00%28,000
Empire Alternacade and EventsCairns QLD5.25%12,700
Everton Park HotelEverton Park QLD4.50%41,300
Ferry Road TavernSouthport QLD5.50%40,800
Fitzy’s Hotel LoganholmeLoganholme QLD5.50%32,200
Fitzy’s Waterford HotelWaterford QLD4.50%29,400
Grafton HotelEdmonton QLD5.75%9,300
Grand Hotel MotelClermont QLD9.00%2,780
Grand Junction HotelPennington SA5.50%15,600
Gregory Hills HotelGregory Hills NSW4.25%52,400
Hotel AllenNorth Ward QLD7.00%15,500
Hotel HQUnderwood QLD4.50%38,580
Jubilee TavernAirlee Beach QLD6.00%12,000
Kings Beach TavernKings Beach QLD6.00%25,600
Kooyong Motor HotelNorth Mackay QLD7.50%9,300
Leichhardt HotelRockhampton QLD6.50%10,100
Lord Stanley HotelEast Brisbane QLD5.50%14,100
Magnums HotelAirlie Beach QLD5.75%30,500
Mango Hill TavernMango Hill QLD5.00%45,800
Mi Hi TavernBrassal QLD5.50%24,500
Palm Cove TavernPalm Cove QLD5.50%11,000
Quest GriffithGriffith NSW7.50%17,900
Regatta HotelToowong QLD5.75%52,400
Royal HotelWest End QLD7.00%3,830
Royal Mail HotelTewantin QLD6.00%23,900
Summerhill HotelReservoir VIC5.50%32,500
Surfair Beach HotelMarcoola QLD7.00%10,450
Tom’s TavernAitkenvale QLD6.25%23,800
Trinity Beach TavernTrinity Beach QLD6.25%21,250
Wallaby HotelMudgeeraba QLD5.50%22,040
Waterloo Station HotelParalowie SA5.75%27,800
White Bull TavernRoma QLD7.60%3,246
Woodpeckers Bar & GrillBurpengary QLD4.50%7,000
HPI Property Valuations Total 5.39%1,175,253

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