Doors have opened at Shepparton Sports Precinct's newest facilities, with Yorta Yorta leadership and knowledge at the forefront.

Munarra Centre for Regional Excellence houses education facilities, study areas, yarning spaces and an Elders' room, all next door to Rumbalara Football Netball Club.

The project - the largest ever awarded to an Aboriginal-owned company in the state, has been built by TVN On-Country and creating a dozen jobs in the process.

Munurra Ltd partnered with the footy club, Kaiela Institute and University of Melbourne - who offered $6 million in support - with $30million from the state government.

Following construction, the wider community and future generations are poised to benefit.

Munarra said the Centre for Regional Excellence "is a chance to achieve; a chance to enhance Aboriginal cultural identity, expression and celebration; grow in our leadership; improve our health; build our education; enhance our employment options; and move towards equitable social inclusion and reconciliation".

"It will combine education, culture, the arts and sport to create healthy people, healthy communities and the leaders of tomorrow."

The centre is designed for Aboriginal-led led pathways education and knowledge central to curriculum and programs.

It will also deliver to local non-Indigenous people.

"I am excited and optimistic about this investment's potential to deliver the future to Yorta Yorta and other First Nations including the people of south-eastern Australia," Kaiela Institute executive chair and Munarra deputy chair Uncle Paul Briggs said.

On installation of the centre's roof - which features the Aboriginal flag, in December, Uncle Paul said the project "represents the future".

"It will impact here and contribute locally, nationally and globally," he said.

University of Melbourne deputy vice-chancellor (Indigenous) Professor Barry Judd feels the centre "is about true parity and shared prosperity for all".

"Munarra represents much more than a physical space, it is laying the foundation for a future where Indigenous Australians' history, culture, and potential are not just acknowledged but integral to our nation's progress," he said.

Victorian Minister for Treaty and First Peoples Natalie Hutchins thanked the community for their determination in bringing it to life.

"This Centre is a symbol of the contributions and knowledge First Peoples bring to the Victorian community."