Despite being passed in at auction, Rockybah at Nimmitabel has sold.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
The large property with three-bedroom homestead was passed in at auction for $2.45million, but sold shortly afterwards to a local grazier for an undisclosed price.
Chris Meares for marketing agents Meares and Associates said the sale of Rockybah was “a sign of the strong market conditions and high demand for quality grazing properties”.
“While there was genuine interest from overseas, city and local investors, the sale has also shown that the Monaro operates in its own ‘micro climate’ where the locals seem to remain dominant,” he said.
Shannon Fergusson from Fergusson Real Estate also said Rockybah generated a lot of local interest, “which was proven through the strong number of inspections of the property during the marketing campaign”.
“It seemed that locals were keen on adding to their existing operations,” he added.
Previously known as Brechnoch, Rockybah comprises around 1400 hectares with beautiful sheltered valleys and ridges and an abundance of water from Boco Creek, the MacLaughlin River and Lake Pendrill.
Rockybah has conducted a number of successful enterprises over the years carrying up to approximately 6000 DSEs of sheep and/or cattle.
It is well equipped with a three-stand woolshed, sheep and cattle yards, silo, workshop and machinery sheds and two wind turbines that are part of the Boco Rock Wind Farm Project.