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 2021

PropertiesLocationCapitalisation RateFair Value $'000
Acacia Ridge Hotel MotelAcacia Ridge QLD5.50%20,200
Barron River HotelHotel Stratford QLD6.75%4,700
Beenleigh TavernEagleby QLD6.25%13,000
Berserker TavernRockhampton QLD6.75%11,400
Bonny View TavernBald Hills QLD6.00%8,920
Boomerang HotelWest Mackay QLD6.75%5,200
Bribie Island HotelBellara QLD6.00%20,700
Brighton HotelBrighton QLD6.00%15,300
Brighton Metro HotelBrighton SA5.75%17,900
Caboolture Sundowner Hotel MotelCaboolture QLD6.00%14,900
Capella Hotel MotelCapella QLD8.50%3,340
Chancellors TavernSippy Downs QLD5.25%18,300
Cleveland Sands HotelCleveland QLD5.75%35,500
Cleveland TavernCleveland QLD6.00%18,790
Club HotelGladstone Central QLD7.00%4,500
Commercial HotelClermont QLD9.00%3,056
Commonwealth HotelRoma QLD7.60%9,786
Coomera Lodge HotelOxenford QLD5.70%2,800
Crown HotelLutwyche QLD5.50%45,000
Diamonds InalaInala QLD5.25%17,000
Diamonds TavernKallangur QLD6.00%12,090
Dunwoodys TavernCairns North QLD5.75%27,400
Empire Alternacade and EventsCairns QLD6.00%11,100
Everton Park HotelEverton Park QLD5.75%29,200
Ferry Road TavernSouthport QLD5.50%38,600
Fitzy’s Hotel LoganholmeLoganholme QLD5.50%31,800
Fitzy’s Waterford HotelWaterford QLD5.50%24,000
Grafton HotelEdmonton QLD6.50%4,700
Grand Hotel MotelClermont QLD9.00%2,780
Grand Junction HotelPennington SA6.00%12,400
Gregory Hills HotelGregory Hills NSW5.50%40,600
Hotel AllenNorth Ward QLD7.00%12,700
Hotel HQUnderwood QLD5.75%29,760
Jubilee TavernAirlee Beach QLD7.50%9,300
Kings Beach TavernKings Beach QLD6.00%20,900
Kooyong Motor HotelNorth Mackay QLD7.50%8,520
Leichhardt HotelRockhampton QLD6.50%12,800
Lord Stanley HotelEast Brisbane QLD5.50%14,000
Magnums HotelAirlie Beach QLD5.75%29,600
Mango Hill TavernMango Hill QLD5.60%32,050
Mi Hi TavernBrassal QLD5.50%23,600
Palm Cove TavernPalm Cove QLD5.50%11,000
Quest GriffithGriffith NSW7.50%17,400
Regatta HotelToowong QLD5.75%51,000
Royal HotelWest End QLD7.00%3,830
Royal Mail HotelTewantin QLD6.00%23,900
Summerhill HotelReservoir VIC6.90%22,700
Surfair Beach HotelMarcoola QLD7.00%10,450
Tom’s TavernAitkenvale QLD6.25%23,900
Trinity Beach TavernTrinity Beach QLD6.25%20,690
Wallaby HotelMudgeeraba QLD5.50%15,800
Waterloo Station HotelParalowie SA5.75%24,800
White Bull TavernRoma QLD7.60%3,246
Woodpeckers Bar & GrillBurpengary QLD6.00%5,600
HPI Property Valuations Total 5.95%952,508

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