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

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. Introduction

This report was commissioned by Tony Scanton of Scanlon Property Group in
April 2007. The purpose of this report is to provide an economic needs
assessment as part of a development application to Noosa Shire Council
regarding the proposed tourist accommodation, retail and commercial facilities at
215-219 David Low Way, Peregian Beach.

The needs assessment will outline and analyse:

o How the site as a caravan park is currently operating;

o Howit will operate once redeveloped as budget tourist accommodation, retail
and commercial office space;

o The trends in caravan parks and budget accommodation on the Sunshine
Coast;

o The Sunshine Coast tourism industry in terms of supply and demand;

o The number of tourists anticipated to visit the Region;

co The retail and commercial facilities surrounding the subject site to determine
tourist and resident expenditure; in addition to

co Investigating the economic, social and environmental impacts of the
proposed development, and if the development were not to proceed.

Objectives
Consequently, the project objectives are to:

o Determine the current status of the tourist accommodation market;

© Investigate caravan parks: their performance and issues surrounding
their closure;

o Analyse the current contribution of the existing caravan park located on
the subject site;

o Review budget accommodation trends;

© Highlight the need to underpin the established tourist industry;

o Undertake a needs assessment for the visitor accommodation
component;

o Undertake a centre and needs assessment for the retail and commercial
facilities;

o Examine the economic, social and environmental impacts of the
proposed development, and the impacts if the development were not to
proceed.

Assumptions

This report has been prepared on the instructions of the stated party and is
intended to address the issues as defined in the objectives. The data, analysis
and findings contained in this report are therefore not appropriate for use in any
other circumstance. The report contains a series of projections and forecasts
that have been prepared on the basis of the best available information. However,
due to the dynamic nature of many of these issues and the number of variables

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‘Economies

Scanlon Property Group - Peregian Beach Needs Assessment