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5. Following a call with the NSW Valuer General and their commercial real estate team, they provide the following valuations of the vacant land, fixtures

5. Following a call with the NSW Valuer General and their commercial real estate team, they provide the following valuations of the vacant land, fixtures and fittings, and building which will house the Liverpool store: Year Land valuation Fixtures and fittings valuation Building valuation 2023 $2,500,000 $300,000 $2,100,000 2024 $2,300,000 $250,000 $2,200,000 2025 $2,300,000 $220,000 $2,300,000 2026 $2,400,000 $190,000 $2,400,000 2027 $2,600,000 $160,000 $2,500,000 2028 $2,800,000 $130,000 $2,600,000 2029 $3,000,000 $100,000 $2,700,000 2030 $3,100,000 $95,000 $2,800,000 2031 $3,400,000 $80,000 $2,900,000 2032 $3,850,000 $75,000 $3,000,000 2033 $3,900,000 $70,000 $3,100,000 2034 $4,000,000 $60,000 $2,800,000 2035 $3,900,000 $50,000 $2,700,000 The Fixtures and Fittings valuations provided in the table above were obtained from a consulting report, which TRS purchased for $5,000 last week

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