It would be ok,but I'm not 100% sure if thats all it takes to make the tank liveable right away.
First off, I've heard that the rocks hold 70% of the GOOD bactirea that you want in your tank. Since your useing old rocks, you should be ok.
Secondly, I'm assuming your using a carbon filter. If you are, dont just put a brand new one and assume its complete. It should run for atleast 24 hours before I bet its ok to have fish live in.
If I were you, I'd fill the tank up 50% with used oldtank water, and 50% fresh water. Since your useing some old water, it will speed up your process by like....a day.
After you've added water and decorations, ect, run everything for 24 hours.
Then add your fry.
Thats what I would do, but I'm nopt a professional at this. I hope what Little info I gave you helps....
Edit: After I posted, I saw she edited her post, so I need to edit mine because of.....yeah, w/e.