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Posted: 2024-09-18 20:00:00

The first-class dairy farm at 1330 Corangamite Lake Rd, Alvie, is selling via expressions of interest.


Atmospheric evening drinks are go at a premium rural property where a cool underground cellar is concealed by a Thunderbirds style hydraulic trapdoor.

A sign that reads ‘my cave, my rules’ greets you as descend to the bluestone and timber lined hangout with a custom bar and wine storage.

The hidden cellar forms part of a renovated circa 1935 house that occupies a commanding position at a first-class dairy farm listed for sale at 1330 Corangamite Lake Rd, Alvie.

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Dairy industry stalwart Peter Delahunty is selling the 190ha property, Carmel, which has been in his family for generations.

Expressions of interest are being sought for the Colac district turnkey offering, with price hopes from $8m.

Charles Stewart, Colac listing agent Michael Stewart said the first class dairy operation was the key drawcard, with the house an added bonus.

The automatic entry to the cellar adds a bit of drama.


The cellar is lined with bluestone.


The property’s existing infrastructure includes a 431.4 megalitre groundwater licence and a recently retrofitted 20-aside swing dairy.

“The owner is retiring and selling up following more than 100 years of family ownership of the home section,” Mr Stewart said.

“This is a truly extraordinary opportunity to secure a holding of the highest calibre.”

The original character homestead has been sympathetically renovated and extended to create a four-bedroom, two-bathroom residence with rural views to Lake Corangamite and Mount Leura.

One family has held the dairy farm for generations.


A large kitchen presides over the open-plan living area.


The house has loads of period character.


The open-plan living area is a highlight and features a spacious kitchen with blackwood cabinetry and granite benchtops, a wood heater and the automatic hydraulic cellar door disguised under timber floorboards.

Original decorative wall panels and doors are a nod to the home’s past in the entrance hall, which leads to second lounge and the bedrooms.

Currently milking a high-production Friesian heard, the property’s volcanic soils have strong capabilities vegetables, lucerne and fodder production and stud opportunities.

The farm offers a turnkey operation.


The property comes with existing infrastructure.


“Carmel boasts the choicest, well-balanced and drained soils in the district complimented by an outstanding fertiliser history,” Mr Stewart said.

The property has perennial pastures, with droughtproof water supply via bore reticulated troughs in all 52 paddocks and town water as backup.

Expressions of interest close on October 9 at 2pm.

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