Nimmitabel's Rockybah grazing property sold after online auction

Rockybah, a 3400 acre grazing property at Nimmitabel in the Monaro district of southern New South Wales, has sold.

It was passed in at online auction on Wednesday afternoon at $2.45 million, then sold shortly afterwards to a local grazier for an undisclosed price.

Previously known as Brechnoch, Rockybah is located 13 kilometres south-west of the tourist village of Nimmitabel, and 50 kilometres south of the regional township of Cooma and its airport.

Rockybah has conducted a number of successful enterprises over the years, carrying up to approximately 6,000 DSE's of sheep and/or cattle, including the Kydrabah Murry Grey Stud, depending on the season.

The property is well equipped with farm improvements, including three stand woolshed, two sets of sheep yards, cattle yards, silo, workshop and machinery sheds and two wind turbines which are part of the Boco Rock Wind Farm Project.

There is also a three bedroom 1950s home on the property.

Chris Meares, from marketing agents Meares & Associates, said the sale of Rockybah is a sign of the strong market conditions and high demand for quality grazing properties.

"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,” Meares said.

Shannon Ferguson from Fergusson Real Estate said Rockybah generated a lot of local interest.

"It seemed that locals were keen on adding to their existing operations,” Ferguson said.