Bundha Sports Centre

Client

Sport and Recreation Victoria

Project Capital Cost

$54.5 million

Project Purpose

Bundha Sports Centre, constructed on the Fitzroy Gasworks site, is Australia’s first multi-level community indoor court facility. The centre comprises four courts for competition-level basketball, netball, and volleyball; a multi-purpose court for futsal; a gymnasium; a program/meeting room; a café and lounge area; community facilities; all gender change rooms; a foyer and reception area.

Otium was appointed by Sport and Recreation Victoria to undertake numerous stages of the project.

Otium’s Role

  • Preparation of the Feasibility Study.
  • Preparation of the Business Case.
  • Preparation of the Facility Operating Model including detailed financial modelling.
  • Review of the Management options.
  • Completed market sounding with external management companies.
  • Development of the operating agreement and tender documentation for the external lease arrangement.
  • Coordination of the development of a 20-year Capital Replacement and Maintenance Plan.
  • Assistance with the Tender Evaluation Process.

 

Project Outcomes

Successful appointment of a long-term venue manager, Clublinks.

Project Challenges/Key Learnings

  • Funded via Development Victoria, but local authority declined the option to manage the facility.
  • First sport facility contract arrangement for Victorian State Government. Other state facilities managed under State Sports Trust (separate statutory body).
  • Development of an integrated school (Education Department) and community sports facility (Sport and Recreation Victoria).
  • Development of a multi-use facility on small footprint.

Community Benefits

  • The first publicly accessible vertical sports centre in Australia.
  • The venue will support local sports clubs and encourage more of the community to get active.