Attachment 7 - Economic Need and Impact Assessment · MCU13/0251

A detailed inventory was undertaken in November 2013 of centre activities within and proximate
to the trade area. A brief overview of the centres further afield is also provided, however these
centres are unlikely to sustain material impacts resulting from the proposed development.

3.2.1 Centre Activities within the Trade Area
Peregian Beach Neighbourhood Centre
The Peregian Beach centre is defined as a neighbourhood centre under the Noosa Plan, with an
estimated floor space of 8,958m2 across approximately 100 tenancies. Peregian Beach
Neighbourhood Centre offers a number of dining (29.8% of total floor space, including the
Peregian Beach Hotel and Peregian Beach Surf Club), giftware (12.7% of total floor space) and
fashion (8.0% of total floor space) retailers. There were relatively few grocery & take home food
tenants within the Peregian Beach Neighbourhood Centre, with a Friendly Grocer1 (290m2),
greengrocer and bakery identified at the centre.
There were a number of commercial office tenancies identified within the Peregian Beach
Neighbourhood Centre (18.2% of total floor space), typically located within first floor tenancies.
An estimated 4.4% of floor space at the centre was identified as vacant. Table 3.1 below
summarises the provision of retail centre floor space within the trade area.
Table 3.1: Floor space inventory of Peregian Beach Neighbourhood Centre, November 2013
                                                        sqm          %

 Retail Classes
 Groceries & take home food                              424     4.7%
 Dining & take-away food (incl. on-premise liquor)     2,673    29.8%
 Clothing, footwear & apparel                            720     8.0%
 Personal & other goods                                1,138    12.7%
 Core bulky goods                                          -        -
 Ancillary bulky goods                                   247     2.8%
 Hardware                                                  -        -
 Takeaway liquor                                         419     4.7%

 Commercial Classes
 Finance & Insurance                                       -        -
 Property & Business Services                          1,634    18.2%
 Government Administration                                 -        -

 Other Classes
 Health & Community Services                             814     9.1%
 Personal & Other Services                               232     2.6%
 Cultural & Recreational Services                        260     2.9%

 Total Retail                                          5,621    62.7%
 Total Commercial                                      1,634    18.2%
 Total Other                                           1,306    14.6%
 Total Vacant                                            397     4.4%
 Total Floor Space                                     8,958   100.0%

Source: Economic Associates inventory, November 2013



1 The Friendly Grocer site currently has an approval to redevelop. This approval is discussed later, however if the
approval is taken up the Friendly Grocer would be replaced by a 50m2 shop (which might not be taken up as a food
store)




Peregian Village Market Economic Need and Impact Assessment                                                    11
December 2013 13034 Report Rev 0