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.