Retired in 2023 to make way for next-generation facilities like the Square Kilometre Array, the site includes a three-bedroom fibro cottage, student residence, administration building with offices, workshop, and a satellite dish.
With its RU1 Primary Production zoning and fertile Hoskinstown plain location, the new owners plan to use the property for grazing and cropping, with discussions underway about potentially restoring the decommissioned telescope and buildings, Ms Merriman said.
Ms Merriman said the telescope remains under heritage protection by Queanbeyan Council.
The property is just 14 km from Bungendore and 26km from Queanbeyan.