MCU14/0106 Appendix K - Commercial Needs Assessment

Disclaimer
This report is dated August 2014 and incorporates information and events up to that date only and excludes any
information arising, or event occurring, after that date which may affect the validity of Urbis Pty Ltd’s (Urbis) opinion
in this report. Urbis prepared this report on the instructions, and for the benefit only, of QIC Noosa Civic Pty Ltd
(Instructing Party) for the purpose of Commercial Demand Assessment (Purpose) and not for any other purpose or
use. To the extent permitted by applicable law, Urbis expressly disclaims all liability, whether direct or indirect, to the
Instructing Party which relies or purports to rely on this report for any purpose other than the Purpose, and to any
other person which relies or purports to rely on this report for any purpose whatsoever (including the Purpose).

In preparing this report, Urbis was required to make judgements which may be affected by unforeseen future events,
the likelihood and effects of which are not capable of precise assessment.

All surveys, forecasts, projections and recommendations contained in or associated with this report are made in good
faith and on the basis of information supplied to Urbis at the date of this report, and upon which Urbis relied.
Achievement of the projections and budgets set out in this report will depend, among other things, on the actions of
others over which Urbis has no control.

Whilst Urbis has made all reasonable inquiries it believes necessary in preparing this report, it is not responsible for
determining the completeness or accuracy of information provided to it. Urbis (including its officers and personnel) is
not liable for any errors or omissions, including in information provided by the Instructing Party or another person or
upon which Urbis relies, provided that such errors or omissions are not made by Urbis recklessly or in bad faith.

This report has been prepared with due care and diligence by Urbis and the statements and opinions given by Urbis
in this report are given in good faith and in the reasonable belief that they are correct and not misleading, subject to
the limitations above.




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                                                                          REP_251114_NOOSA CIVIC COMMERCIAL NEEDS ASSESSMENT FINAL