Iconic Basil’s Farm entices with turnkey investment opportunity
Basil’s Farm is well-known as a top restaurant and wedding venue for those seeking a wholesome experience on Victoria’s picturesque Bellarine Peninsula. Now, investors and hospitality operators have a chance to own the local icon.
Set on about 2.9 hectares at 43-53 Nye Road, Swan Bay, the property sits on an elevated ridge with panoramic views over Swan Bay and across to popular Queenscliff. According to Colliers Geelong selling agent Jonathon Lumsden, it’s this combination of its waterfront outlook and rural scale that makes the holding exceptionally scarce.
“Most Bellarine rural sites sit inland – very few offer this level of uninterrupted water perspective,” Lumsden says. “Here you have rolling acreage, sweeping views and real tranquillity, all while being connected to an established, income-generating hospitality venture.”
The property includes a commercial kitchen, restaurant and cellar-door facilities, an event pavilion, mature organic gardens and a vineyard. It also has an established brand presence under the Basil’s Farm name.
“This is extremely rare for the region,” Lumsden says. “Operators don’t need to start from scratch. The infrastructure, tourism drawcard and brand equity are already proven, which dramatically reduces start-up capex.”
The listing is expected to appeal to a wide range of buyers, from hospitality operators seeking a coastal flagship to established winery or vineyard owners looking to expand their brand footprint. Lumsden says he also expects strong interest from events-based businesses – including those catering for weddings, corporate retreats and boutique experiences – as well as farm-to-table and agritourism operators seeking a premium coastal setting.
The holding is also suited to private buyers seeking a serene coastal estate with landscaped gardens, a vineyard and the option to continue operating the business as a lifestyle project.
Beyond the property itself, Lumsden says demand continues to rise for Bellarine acreage with tourism appeal, thanks to the region’s coastal beauty, strong food and wine culture and proximity to Geelong and Melbourne, which appeals to weekenders.
“People are attracted to the Bellarine Peninsula because it pairs coastal beauty and a relaxed lifestyle with high-quality food, strong community, accessibility and year-round tourism energy,” he says.
Offers close at 5pm (AEDT) December 10, if not sold prior.
