Borabinga, the Borambola Riverina jewel, sold after online auction

Borabinga, a jewel of the eastern Riverina, has been sold after a May Meares online auction.

Located at Borambola, 20 kilometres east of Wagga Wagga, the 451 hectare (1132 acres) property topped $2.65 million with online bidding, after a $2.6 million vendor bid.

It sold after auction at an undisclosed price.

Being surrounded on two sides by the Murrumbidgee River, it boasts some 54 per cent as rich alluvial river flats.

Selling agent Chris Meares, of Meares and Associates, was taking sale instructions from the retiring Bruce and Ruth Barber.

"Borabinga was undoubtedly one of the best properties in the Riverina, with its seven- to eight-kilometre frontage to the Murrumbidgee," Chris Meares said.

"There's a strong mixture of new and intensive improved pastures, featuring sub clovers, lucerne and cereal crops," he said. 

"Hay is cut annually for both farm and commercial sale requirements." 

There's an all-steel undercover set of cattle yards capable of working about 300 head, a four-stand wool shed, two machinery sheds, a hay shed, an aircraft hangar and silos.