MCU14/0106 & OPW15/0001 Appendix B - Retail Needs Response

Estimated Current Provision of Floorspace and Vacancy

 

 

NOOSA CIVIC TRADE AREA, AS AT SEPTEMBER 2014 TABLE 2.1
Average Vacancy
Number of Tenants Total Floorspace (sq.m) Size (sq.m)

Total Vacant Total Vacant % Vacant Mean Median
Noosa Civic 128 22 30,641 2,646 9% 120 99
Noosaville 239 17 44,200 3,100 7% 182 100
Inc. Noosa Homemaker Centre 21 2 9,600 1,700 18% 850 835
Inc. Noosa Village Shopping Centre 21 1 4,700 100 2% 100 100
Weyba Road (Noosaville) 10 2 3,100 200 6% 100 105
Noosa Bushlands (Noosaville) 6 1 1,500 300 20% 300 270
Noosaville Industrial 22 0 16,200 0 0% 0 0
Noosaville Undefined 4 0 1,200 0 0% 0 0
Noosa Parade Prof. Centre (Noosaville) 8& 0 300 oO 0% Oo oO
Total Noosaville 414 42 97,141 6,246 6% 149 103
Noosa Junction 248 33 36,700 4,200 11% 127 80
Inc. Noosa Fair Shopping Centre 31 4 7,900 200 3% 50 53
Inc. Noosa Junction Plaza 20 4 5,200 300 6% 75 70
Hastings Street (Noosa Heads) 167 13 16,600 800 5% 62 60
Inc. Bay Village on Hastings 26 0 2,400 0 0% 0 0
Quamby Place (Noosa Heads) 18 4 3,100 200 6% 200 150
Total Noosa Heads 433 47 56,400 5,200 9% 111 75
Tewantin Town Centre 140 16 23,900 1,800 8% 113 80
Inc. Poinciana Place Shopping Centre 12 0 3,100 0 0% 0 0
Inc. Tewantin Plaza 22 3 1,300 100 8% 33 35
Noosa Outlook (Tewantin) 13 0 1,800 0 0% 0 0
Earl Street (Tewantin) 10 1 1,300 100 8% 100 88
Total Tewantin 163 17 27,000 1,900 7% 112 80
Sunshine Beach 31 0 3,300 ) 0% 0 0
Sunrise Shops 8&8 0 1,000 a 0% 0 0
Total Sunshine Beach 39 0 4,300 0 0% 0 0
Coolum Beach 154 10 20,200 900 4% 90 77
Inc. Coolum Village Shopping Village 20 1 5,500 200 4% 200 196
Coolum South & Coolum West 51 ti 11,300 800 7% 114 84
Inc. Coolum Park Shopping Village 14 3 4,000 200 5% 67 70
Inc. Mount Coolum Shopping Centre 13 Zz 1,500 100 1% 100 60
Total Coolum 205 17 31,500 1,700 5% 100 88
Peregian Springs 24 4 6,000 100 2% 100 49
Inc. Peregian Springs Shopping Centre 18 0 4,800 0 0% 0 0
Peregian Beach 74 6 9.200 800 9% 133 88
Total Peregian 98 7 15,200 900 6% 129 80
Cooroy 127 9 19,100 800 4% 89 63
Inc. Cooroy Village Shopping Centre 14 3 1,100 400 36% 133 70
Pomona 54 4 8,500 700 8% 175 85
Eumundi 52 7 6,300 700 11% 100 40
Kin Kin 0 1,400 0 0% 0 0
Cooran 9 0 1,300 0 0% 0 0
Total - Noosa Civic Trade Area 1,598 150 268,141 18,146 7% 121 80

   

URBIS
8 VACANCY ANALYSIS. NOOSA RESPONSE REPORT - RETAIL ECONOMICS JUNE 2015 V2