Broken Hill film studios sold off

Broken Hill's council-owned film studios, the disused Central Power Station, gifted by mining company Perilya in 2010 has been sold for $680,000 to a married couple.

Selina LaRovere-Nagas and Fisk Nagas purchased the 2.5-hectare site.

The council and state government sunk $2 million into the project for use in the George Miller movie Mad Max Fury Road, however rain forced production to move to Namibia.

Broken Hill mayor Wincen Cuy told ABC News said offloading the film studio was more important for council's financial health than getting a high offer.

"Would I do anything different? No, but it's time to move on and see where we can go from here," he said.

"I think there's probably something like $260,000 worth of depreciation per annum on that.

"If we can get rid of that, that comes off our books immediately and then we start trading a little bit closer to a break-even situation."