How is rent determined?

The initial rent is determined by a valuation which is obtained by AMC from a qualified valuer on behalf of the Owner.  Under the scheme the rent will be determined once a year by either of the following:

1. Valuation
   Rent determined by valuations must occur in years 1, 4 and 7 and will be arranged by the AMC on behalf of the Owner and payable by the Owner. 
2. Consumer Price Index
   Rent at the commencement of years 1, 2, 3, 5, 6, 8 and 9 can be increased by the rental component of the CPI in the capital city of where the property is located and will be organised by the Property Manager.