20517 App H.pdf [As Published] · 132007.1259

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41.3 Implications
Site assessment implications:

co The subject site has the potential to cater to multiple sources of
demand, such as the local residents, residents of Peregian Springs
and passing traffic along David Low Way. The planned centre, just
3.5 Km to the south of the site (Peregian Springs) is a major threat to
developing a supermarket on the site.

co The site is within a reasonable walking distance of the surrounding
retail and lies within the current boundaries of the existing
commercial development (between Hotel and Home Hardware).

o The Peregian Shopping Village facilities do not lend themselves to
centre extension across David Low Way due to the location of car
parking between the shops and David Low Way. The site is directly
opposite the quiet end (south east corner) of the shopping village
which also proves an obstacle to drawing a significant flow of
patrons from across the road.

0 Traditional holiday area with growing residential community.
Implications of Infrastructure:

o The Peregian Springs community to the south has a planned
neighbourhood shopping centre with construction expected to start in
November 2006. Therefore existing facilities are currently enjoying
patronage from Paradise Springs residents for requirements that will
be served by the planned centre.

o Planned supermarket at Peregian Springs eliminates
opportunity for supermarket facilities at the site.

o Peregian Shopping Village's market penetration in
convenience goods, and food and beverage services is
expected to fall once the Peregian Springs centre is
operating.

o Planned bulky goods including Bunnings to the west of
Coolum will restrict the opportunity for bulky goods at the
site and is expected to reduce the home hardware store's
current market penetration (located directly south of the
site).

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06/0043 Opportunity Analysis - Peregian Beach Caravan Park Economics