Artist impression only and subject to change - AUSSIEWIDE Property ...
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SHARE IN THE VISION A new era is coming. Westfield Coomera – the shopping centre reimagined. A place to live life. A place that aims to exceed expectations and celebrate life’s aspirations. Together with our retail partners, we intend to redefine the experience for shoppers, creating a benchmark retail, dining and lifestyle destination that will transform the northern Gold Coast. Coomera. The time has come.
CALL OF THE GOLD COAST THE GOLD Currently home to more than half a million people, the Gold Coast is Australia’s sixth largest city and has one COAST IS of the fastest growing populations in the country. AUSTRALIA’S Known for its casual and relaxed lifestyle, the Gold Coast boasts an abundance of natural assets, 6 LARGEST TH with close proximity to urban infrastructure and CITY facilities. Beyond lifestyle and tourism, the Gold Coast is also well positioned as a destination for business, investment, study, sport and events. The Gold Coast is expected to continue to evolve into the future, with more than $13 billion in major infrastructure projects planned or currently underway. Source: www.goldcoast.qld.gov.au/thegoldcoast/default.html
581,400 GOLD COAST ESTIMATED POPULATION 2016 620,900 GOLD COAST FORECAST POPULATION 2019 699,200 GOLD COAST FORECAST POPULATION 2025 Source: Urbis 2017
SURFERS PARADISE SANCTUARY COVE WARNER BROS. MOVIEWORLD HOPE ISLAND SAINT STEPHEN’S COLLEGE GOLD COAST MARINA & SHIPYARD COOMERA STATE SCHOOL DREAMWORLD WET’N’WILD GOLD COAST COOMERA INDOOR SPORTS CENTRE WHITE WATER WORLD TAFE QLD COOMERA CAMPUS COOMERA RIVER WESTFIELD COOMERA COOMERA ANGLICAN COLLEGE UPPER COOMERA STATE COLLEGE COOMERA, FUTURE HEART DEVELOPMENT ASSISI CATHOLIC COLLEGE FOXWELL ROAD COOMERA INTERCHANGE OF THE GROWTH COOMERA TRANSPORT HUB CORRIDOR FUTURE DEVELOPMENT PACIFIC MOTORWAY (M1) COOMERA SPRINGS STATE SCHOOL Image Source: Wes Palmer, Skyepics.com.au, 2016 Sources: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html;
Situated within the Gold Coast’s exciting northern growth corridor, the proposed Coomera Town Centre is a greenfield site. Under the Gold Coast planning scheme, the vision for Coomera Town Centre is to become a major activity centre. It is expected to represent a regionally significant catchment with a considerable residential population and offer a range of business, service, retail and entertainment functions. A DY N A M I C D EST I N ATO N Coomera is located approximately 25 km north of Surfers Paradise, approximately 50 km south of Brisbane and approximately 55 minutes to Brisbane Airport. It is home to the Dreamworld and White Water World theme parks, with Warner Bros. Movie World and Wet’n’Wild also nearby in Oxenford. A multi-million-dollar upgrade to the Pacific Motorway Coomera Interchange (Exit 54) was complete in late 2016 and is now delivering improved access to cater for the continuing growth in the Coomera area. Sources: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html; www.tmr.qld.gov.au/projects/name/c/coomera-exit-54-upgrade-pacific-motorway
B EAGLEBY EDENS LANDING Secondary ERFORDBANNOCKBURN Beenleigh North ALBERTON 3.7 Marketplace HOLMVIEW BEENLEIGH % ORMEAU MOUNT WARREN PARK BAHRS SCRUB BANNOCKBURN Secondary North PER ANNUM TOTAL TRADE AREA POPULATION GROWTH FORECAST 2016-19 Primary 6.1 ORMEAU East Pac % WILLOW if i c VALE COOMERA Mtw y Primary Secondary West Westfield South East Coomera HOPE ISLAND UPPER COOMERA PARADISE POINT PER ANNUM Runaway Bay Primary Shopping TOTAL PRIMARY TRADE AREA POPULATION East Village GROWTH FORECAST 2016-19 162,920 Secondary COOMBABAH Pac South West WILLOW Gold if i c VALE LEGEND: Coa st Hw COOMERA Mtw y Westfield Coomera Bri BIGGERA y sban Primary Westfield Helensvale e Rd WATERS Sub-Regional Centre MAIN Secondary Tertiary South West Westfield ARUNDEL BEACH South East Supermarket Centre Coomera HOPE ISLAND LABRADOR PARKWOOD UPPER COOMERA PARADISE POINT Smith St Smith St reet Mtw y Australia Fair M t wy TOTAL TRADE AREA FORECAST High cif ic St POPULATION 2019 MOLENDINAR SOUTHPORT Pa 200,440 Runaway Bay Shopping Secondary Village COOMBABAH OVER HALF LEGEND: OF South West Gold Coa RECENT GOLDWestfield COAST st Hw y Coomera POPULATION Brisb ane R BIGGERA Westfield Helensvale d WATERS Sub-Regional Centre MAIN BEACH Tertiary South ARUNDEL Supermarket Centre GROWTH HAS TOTAL TRADE AREA FORECAST LABRADOR PARKWOOD POPULATION 2025 MOVED INTO Smith St Smith St reet Mtw y Australia Fair M t wy High cif ic St COOMERA MOLENDINAR SOUTHPORT Pa Map: Westfield Coomera Forecast Total Trade Area & SURROUNDS & SURROUNDS Key of Forecast Trade Areas: Main Trade Area (MTA): Primary Trade Area: Primary and Secondary Trade Areas combined. Secondary Trade Area: Total Trade Area (TTA): Source: Urbis 2017, Trade Area based on forecast by Urbis. © 2016. PSMA Australia Tertiary Trade Area: Primary, Secondary and Tertiary Trade Areas combined. Ltd, HERE Pty Ltd. ABS. Produced by Urbis Pty Ltd ABN 50 105 256 228, Nov 2016 Source: Urbis 2017, Trade Area based on forecast by Urbis, Brisbane Metro is defined as the ABS Greater Capital City Statistical Area: 3GBRI. Gold Coast is The Westfield Coomera Forecast Total Trade Area was forecast by Urbis based on intended retail mix on completion of the 2018 development. It is comprised of 2 Primary, 3 Secondary and 1 Tertiary Trade Area sectors. defined based on ABS Statistical Areas (SA4)
A NEW COOMERA A new era is coming. Considered in its design, form and function, Westfield Coomera intends to bring a new era of retail, dining and entertainment to the northern Gold Coast. With a planned investment of $500 million, it is expected upon completion of the development the new Westfield Coomera will have: • A total GLA of approximately 58,000sqm and around 2,500 car parking spaces. • Two supermarkets, two discount department stores, four mini majors and approximately 120 specialty stores. • Casual dining and entertainment options, including cinemas. • Spaces and facilities for local families. • A curated selection of favourite fashion and lifestyle stores. • A true market-style fresh food precinct. Artist impression only and subject to change.
$955 million TOTAL TRADE AREA FORECAST FOOD & GROCERY SPEND 2019 A TRUE VILLAGE MARKET Fresh Food at the new Westfield Coomera is intended to be a beautiful market-inspired experience, unlike anything else in the trade area. The aim is to create a welcoming and warm village-style environment that conveniently meets the weekly needs of local families. A place that feels authentic and vibrant, where the earthy, raw character and natural finishes allow the produce to truly be the hero. Source: Urbis 2017; Roy Morgan Single Source Oct-13 to Sept-15. Trade Areas based Artist impression only and subject to change. on forecast by Urbis. Refer to pages 9-10 for Trade Area definition
THE OPPORTUNITY GOLD COAST & COOMERA: THE PROPOSED WESTFIELD • Gold Coast population is over 580,000 and growing COOMERA DEVELOPMENT: • The Gold Coast is Australia’s 6th largest city • Responding to growth in the area • Coomera is in the Gold Coast’s northern growth corridor • Access to Pacific Motorway (M1) • Coomera is intended to be a future major activity centre • Adjacent to Coomera station and transport hub • $500 million total planned investment • Approx 58,000sqm GLA WESTFIELD COOMERA TOTAL TRADE AREA: • Two discount department stores, two supermarkets and approx. 120 specialty stores • Above average population compared with Brisbane • Casual dining and entertainment, including cinemas • Forecast Primary Trade Area growing at • Outdoor spaces and facilities for families 6.1% per annum 2016-2019 • Curated selection of fashion and lifestyle stores • Over half of recent Gold Coast population growth • Market-style fresh food has moved into Coomera and surrounds • $2.2 billion forecast retail spend 2019 • Average income per household in line with Brisbane • Higher percentage of families with children than Brisbane • 90% of the forecast Westfield Coomera Total Trade Area adults stated they eat out • Apparel Retail spend per capita in line with Brisbane W E S T F I E L D C O O M E R A – • $955 million forecast food and grocery spend 2019 • Food and Grocery spend per capita is in line with Brisbane A N E W E R A I S C O M I N G Disclaimer: This presentation is produced by Scentre Shopping Centre Management (QLD) Pty Ltd ACN 010 310 059 (Scentre Group). The information set out in this presentation is provided in good faith and is believed to be correct at February 2017. However, you should make your own enquiries and obtain your own advice about your participation in the Centre and you must satisfy yourself as to the correctness of the information set out in this presentation. In particular, this presentation does not constitute any offer, warranty or representation as to the profitability of the Centre or any premises. Any forward looking statements in this presentation may be affected by a number of unforeseen circumstances and no assurances can be given that these forward looking statements will be achieved. This document is an indicative presentation of Scentre Group’s current view on how Westfield Coomera may look when the proposed redevelopment is completed. The extent of any redevelopment and its timing may change dependent on a range of issues. Any retailers, location of tenancies, depiction of usage or category of retailers represented are for illustrative purposes only and do not constitute any representation as to the final tenancy mix of any redevelopment. You are strongly recommended to obtain your own legal, business and financial advice in relation to your involvement in the Centre. You should not act on any information set out in this presentation without first obtaining that advice. Neither Scentre Group, the lessor, nor any of their related bodies corporate will be liable or otherwise responsible for any loss or damage (whether from negligence or otherwise) suffered as a result of any decision that you may make to act on the information contained in this presentation.
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