Melbourne’s Giant Observation Wheel to Close
Monday 6 September
It is with a heavy heart that the directors of Melbourne Star, Melbourne’s giant
observation wheel at Docklands, today announce the iconic attraction will close
permanently and the operating company, MB Star Properties Pty Ltd, will be
placed into liquidation.
Mr Andrew Hewitt of Grant Thornton will be appointed liquidator and will begin
work this week.
The directors of the wheel are absolutely committed to doing the right thing by
our dedicated team and have made arrangements to ensure all our employees will
be paid their full entitlements.
The giant observation wheel has been a part of the city’s skyline for more than 15
years, during which time it has welcomed more than 300,000 visitors every year,
with international and interstate tourists making up 45 per cent of the business.
Unfortunately, the global COVID-19 pandemic and subsequent travel restrictions
and sustained shutdowns, adding to pre-existing challenges of operating amid
increased high-rise development and changes in the Docklands area, has made it
impossible to sustain the business.
We thank our staff, and all Victorians including our partners, suppliers and
supporters for enabling the Melbourne Star to provide a world-class experience
for millions of people from around Australia and the world.
For any queries you can contact us by clicking HERE