9. Appendix F - Economic Impact Assessment

           COMPETITIVE ENVIRONMENT


This section of the report provides a summary of the existing and proposed competitive developments within
the area surrounding the Noosa Marketplace, namely large format retail and showroom facilities as well as
traditional retail centres.


3.1.       Large Format Retail and Non-Retail Showroom Facilities

   i.     Major large format retail and non-retail showroom facilities throughout South-east Queensland are
          typically up to 20,000 sq.m in size and includes key tenants such as Anaconda, Beacon Lighting,
          Godfreys, Harvey Norman, The Good Guys, JB Hi-Fi, Nick Scali and Spotlight. Non-retail showroom
          stores which serve the trade market include tenants such as Reece Plumbing, Jaycar Electronics,
          Tradelink, Dulux Paint and the like.

   ii.    Maps 3.1 and 3.2 and Table 3.1 illustrate large format retail and non-retail showroom facilities (including
          vehicles) currently provided across the total trade area, with key points to note including:

          — Based on a survey conducted by Location IQ in April 2019, there are currently 145 large format
              retail and non-retail showroom facilities provided across the total trade area.

          — The primary sector comprises the majority of large format retail and showroom facilities within the
              broader region, predominantly focussed around Noosaville. A total of 100 tenants were located
              within the key primary sector, or around 69% of the total trade area provision. Primary sector tenants
              are generally located within two key precincts, namely the Noosa Civic precinct and the Noosa
              Homemaker Centre precinct (Noosaville).

          — The secondary sector has a very low provision of tenants, given the positioning of the sector
              between two regional hubs at Noosa and Maroochydore.

          — Beyond the main trade area (in the tertiary sector), facilities are predominantly located in and around
              Gympie, which services the broader area to the west of Noosa.

   iii.   Overall, Noosa and Gympie are the focus for large format retail and non-retail showroom facilities
          throughout the total trade area, with Noosaville servicing the primary sector. Beyond the total trade
          area, large format retail facilities are concentrated in Maroochydore and Kawana to the south.




          Noosa Marketplace, Queensland
          Economic Impact Assessment                                                                            40
          May 2019