Armadale's Tudor Lodge sold by Cox Plate-winning Dibb family

Tudor Lodge, the Armadale landmark, has been sold by the horseracing Dibb family, some six months after its listing.

The family home had a bar full of trophies and memorabilia for their many winners, that included the 1965 Cox Plate winner Star Affair.

They had been seeking between $11 million and $12 million for the Avalon Road home which was offered to the open market for the first time in 64 years.

Strong buyer interest had come from the developer David Joachim, director of development firm Third Street.

The five bedroom home, built in the 1930s, sits in 2,250 square metres of landcaped gardens, one of the largest landholdings in Armadale.

Kay & Burton South Yarra agent Michael Armstrong, who is marketed the home with Michael Gibson, called the home a "true A grade property".

This article was first published in the Weekend Australian.