07/1259 - Peregian Beach needs assessment [As Published] · 132007.1259

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1.6 Implications

The proposed accommodation is congruent will the present accommodation
uses. The proposed retail and commercial uses are consistent with the site’s
designation under the Peregian Beach Neighbourhood Centre node and the
intended Business Activity uses outlined in the Peregian Beach Village
Masterplan. Given the current caravan park operation is not a financially viable
business, the proposed development consisting of affordable accommodation will
enable the continuation of budget holiday accommodation. in a long-term
financially sustainable manner given the supporting commercial and retail
components. The proposed development will also contribute more substantially
to the affordable accommodation market by providing four times as many bed
spaces as the existing holiday park.

The site is well positioned along a main arterial road affording a high level of
extemal exposure and accessibility for loca! residents and workers. The site's
location also provides high internal exposure and accessibility for on-site patrons
requiring accommodation close to natural attractions, other Sunshine Coast
destinations and conveniently located retail and food and beverage services. The
proposed built form will create a southern gateway into the Peregian Beach
Locality and will strengthen the existing Peregian retail and commercial precinct.

The components of the development are well suited to the site, with the site
providing an appropriately sized area with suitable characteristics to host the
mixed-use development. The interrelationships between the components of the
development are also well suited, with the onsite retail facilities catering to
internal demand from visitors, while the commercial facilities will economically
bolster the lower yielding budget accommodation component.

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Scanlon Property Group — Peregian Beach Needs Assessment ‘ Economies