20517 App H.pdf [As Published] · 132007.1259

Page 2

Introduction

This report has been commissioned by Gavin Edwards of the PMM Group on
behalf of the Peregian Caravan Park.

The purpose of this report is to identify suitable retail uses and indicative size
of these facilities for the subject site. The report investigates the potential
retail opportunity for the site by assessing the demand and need for a range
of uses, as well as addressing the affect of these developments within the
wider region. Planning issues and sensitivities in relation to the site have also
been addressed.

The objectives to the report are to identify and assess the opportunity for
these uses and to recommend the appropriate actions for future site
development.

Assumptions

This report has been prepared on the instructions of the stated party and is
intended to address the issues as defined in the Terms of Reference. The
data, analysis and findings contained in this report are therefore not
appropriate for use in any other circumstance.

The report contains a series of projections and forecasts that have been
prepared on the basis of the best available information. Due to the dynamic
nature of many of these issues and the number of variables involved, Core
Economics can give no guarantee that these projections and forecasts will be
realised.

Assessment Context

It is planned to refurbish the Peregian Caravan Park to include a portion of
retail/commercial space which will front David Low Way, adjacent the
southern boundary of the Peregian Hotel. This document assesses the site,
surrounding uses and the retail network to define an estimated area of
economic influence (area of influence) and thus determine required
floorspace levels for the relative market and determine the best use for the
subject site.

\ Core

06/0043 Opportunity Analysis - Peregian Beach Caravan Park Economics