Corrigan Property Income Trust No.2 · Tenancy schedule JUL26 v3 + rent roll July 2026 · Metrics as at 11 August 2026
Gross passing income by financial year of expiry. Options are not assumed to be exercised. Hover a bar for the tenancies in it.
Sorted worst problem first. Each flagged tenancy carries a note beneath it saying what the problem is, what it is worth, and what closes it. Click a category below to filter, a column heading to re-sort, or “Hide notes” for a clean grid.
| Tenancy | Area | Expiry | Rent p.a. | Security | Problem |
|---|
Tick one or more tenancies to model them vacating at expiry (or now, for the holding-over tenancy). Assumptions drive the re-letting case.
Defaults from the Hartland Reid valuation at 31 Dec 2025: market rent $612/sqm gross, letting-up 9 months, market incentives 30–38%, cap rate 7.25%. Fitout default of $610/sqm reflects the ~$420,000 spec allowance discussed for Level 7 over 690 sqm at the May 2026 asset meeting.
What the four problem types mean.
● Exposure money or income is actually at risk and a commercial decision is needed.
◆ Variance a signed document says something different from the schedule or rent roll; fixing it is a record-keeping job, but the numbers are wrong until it is done.
▲ Action due a date has to be hit or a right is lost.
? Query the data looks wrong and needs checking against the lease.
Sources. 310 Edward St Tenancy Schedule JUL26 v3 FINAL (as at 31 Jul 2026); 310 Edward St Rent Roll JUL 2026; Deed of Variation, Level 9, Brightwater Legal, executed 22 Apr 2026; Memorandum of Market Rent Review, Level 6, Meridian Consulting, 8 May 2026; Hartland Reid Valuers extract HRV/QLD/25-4471 as at 31 Dec 2025; asset meeting notes to 16 Jul 2026.
Basis. WALE is weighted by gross passing income over the period from 11 Aug 2026 to each contractual expiry, with options excluded and the holding-over tenancy counted at zero. Net income capitalises gross passing rent less total outgoings of $1,284,000 plus recoveries of $486,000, per the valuation. Scenario values are indicative only and are not a valuation.