Munn insists a nomadic existence where home games are played at more than one venue is not their vision.
He admits that the new rectangular stadium in the city would be a welcome home base.
"We are working extremely well with the Melbourne and Olympic Parks Trust on the rectangular stadium," he told melbourneheartsyn.com.
"Our preference has always been to play at one venue, we're not going to mix, we think that's an absolute disservice to our fans and we want them to be able to sit at the same seats every week, with the same group of friends to cheer on the team.
"Our preference is to play at one stadium. If it was the rectangular stadium, purpose built, certainly the best football experience in Australia, then certainly that would be fantastic for us."
The CEO also reaffirmed that the club wanted to see the game grow and it was about attracting more fans to the game, not a question of taking fans from the existing Melbourne Victory franchise.
"When we look at Victory, and we have to because a) they are a competitor and b) they are the market leader in every measure and we would be foolish not to look at them," he said.
"But what is important for us is to ensure we do get the new fans on board, those fans that haven't engaged Victory, and then the second one is we actually provide a point of difference."
Heart will become the A-League's 11th club when the 2010/11 season kicks off and have reportedly just landed AIS striker Eli Bablj.
Bablj has been a regular scorer for the AIS in the National Youth League despite their lowly position in their inaugural campaign."
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