MCU14/0106 Appendix J - Retail Needs Assessment

    Suntop Plaza on Sunshine Beach Road is an arcade style centre which is home to a half dozen
     mostly service orientated tenants.

There is also a wide range of street-front shops, cafes and restaurants at Noosa Junction. The street
front shops are concentrated along the Sunshine Beach Road strip and Lanyana Way, with a few tenants
operating along Noosa Drive.

Noosa Junction also accommodates the Noosa 5 Cinemas, the only cinema complex in Noosa, and a
broad range of boutique shops, cafes and restaurants. The 5-screen cinema hosts mainstream movies
and is served by a small at-grade car park behind the main strip. It is especially popular during holiday
periods.

A breakdown of retail floorspace categorised by ANZSIC Group is provided below in Chart 4.4. The
largest proportion of floorspace belongs to the Supermarket and Grocery Group (33%) as a consequence
of the Coles at Noosa Fair and the Supa IGA at Noosa Junction Plaza. As shown in Chart 4.4, the other
key store types in the Noosa Junction Business Centre are:

    Cafes, Restaurants and Takeaway Food (constituting 13% of total retail floorspace);

    Pharmaceutical and Other Store-Based Retailing (13%); and

    Clothing, Footwear and Personal Accessory Retailing (11%).

Noosa Junction is generally used for ‘mission’ shopping, especially for tourists. While the recently
refurbished Coles is well utilised, due to its size and location, Target Country is less popular due to its
limited range and poor location.

There are around 85 non-retail tenancies across approximately 14,200 sq.m of floorspace at Noosa
Junction. The largest concentration of non-retail floorspace is situated within the Noosa Central block of
professional offices and suits on Bottlebrush Avenue adjacent to the Noosa Community Health Centre.

There is also a range of commercial services along Sunshine Beach Road and Lanyana Way, mostly on
the first floor above the retail tenancies at street level. The non-retail facilities and services at Noosa
Junction are quite diverse with medical and allied health uses, and legal and accounting uses each
comprising approximately 16% of total operating non-retail commercial floorspace.

The fact that Noosa Junction is close to the popular tourist accommodation and attractions at Noosa
Heads, as well as its broad mix of uses catering to various segments of the market, means that it can be
expected to be quite resilient (i.e. it is not exposed in a small number of specialist categories).


Floorspace Breakdown by ANZSIC Group
NOOSA JUNCTION, JUNE 2014                                                                                      CHART 4.4
                                          Retail                                         Non Retail
                   Other Retail                                                                        Legal and
                      17%                            Supermarket                                       Accounting
                                                     and Grocery                                          16%
                                                       Stores
             Personal                                   33%
              Care                                                                                                    Motion
             Services                                              Other Non
                                                                                                                    Picture and
               5%                                                    Retail
                                                                                                                       Video
                                                                     41%
                                                                                                                     Activities
          Department                                                                                                    13%
            Stores
             8%


               Clothing,                                                                                        Allied Health
               Footwear                                                                                              9%
             and Personal
             Accessories                           Pharmaceut-
                              Cafes,                 ical and                                           Educational
                 11%
                            Restaurants               Other                    Banking                   Support
                             and T/A                                                         Medical
                                                       13%                       6%                        8%
                               Food                                                           7%
                               13%
Source : Urbis




40    CENTRE ROLES AND USAGE PATTERNS
                                                                                                                             URBIS
                                                                      NOOSA CIVIC - RETAIL NEEDS ASSESSMENT DEC 2014 MASTER - FINAL