{"id":39718,"date":"2022-07-25T13:07:42","date_gmt":"2022-07-25T01:07:42","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=39718"},"modified":"2022-07-25T13:07:42","modified_gmt":"2022-07-25T01:07:42","slug":"gina-rinehart-buy-out-as-part-of-76m-beach-splash","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/gina-rinehart-buy-out-as-part-of-76m-beach-splash\/","title":{"rendered":"Gina Rinehart buy out as part of $76m beach splash"},"content":{"rendered":"

PHOTO: Gina Rinehart. FILE<\/strong><\/p>\n

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Australian richlister mining magnate Gina Rinehart<\/a> has splashed over $76m on four homes in one Qld suburb within the space of a year.<\/p>\n

\"Gina<\/a><\/div>\n
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2022 Australian Financial Review rich list<\/a><\/h2>\n<\/header>\n<\/div>\n<\/div>\n

Ms Rinehart made Qld richlist businesswoman Therese Rein a $9.75m offer she couldn\u2019t refuse for a beach house in Park Crescent, Sunshine Beach in March.<\/p>\n

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Gina Rinehart and Annastacia Palaszczuk at The Courier-Mail Future Brisbane lunch at Royal International Convention Centre in Brisbane, in December last year. Picture: Richard Walker<\/strong><\/em><\/div>\n

Ms Rein had paid $6.75m for the property on the beach just six months earlier, in September 2021, but agreed to on-sell it off market after the 44 per cent higher price offered by Ms Rinehart\u2019s company.<\/p>\n

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Two minutes away from Gina Rinehart\u2019s mega mansion in Queensland sits an uninhabitable pre-war property<\/a><\/h2>\n<\/header>\n<\/div>\n

The Park Crescent house, built in 1980, has stunning views across Sunshine Beach and has DA approval already on it. It is located just three doors down from a beach house Ms Rinehart bought for $11.2m in February this year.<\/p>\n

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\"Therese<\/div>\n

Therese Rein bought this beachfront cottage which has DA approval in Sunshine Beach for $6.75m before selling it six months later to Gina Rinehart for $9.75m.<\/strong><\/em><\/div>\n

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The property uses a walkway down to the beach.<\/strong><\/em><\/div>\n

Ms Rinehart\u2019s also bought an Arakoon Crescent property in Sunshine Beach for $21.5m in February, which was one of the most expensive home sales in Qld in the 2021\/2022 year.<\/p>\n

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Gina Rinehart\u2019s Willeroo and Aroona stations sell for more than $60 million combined<\/a><\/h2>\n<\/header>\n<\/div>\n

She is on the march in Sunshine Beach, Qld\u2019s most expensive suburb that both she and Ms Rein highly favour.<\/p>\n

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\"Therese<\/div>\n

Therese Rein sold these blocks in Noosa and then went on to buy two more houses as part of her 2021 property investment moves.<\/strong><\/em><\/div>\n

Ms Rinehart already owns the most expensive home ever sold in the state \u2013 Webb House bought for $34m in June last year.<\/p>\n

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Gina Rinehart\u2019s mammoth property sale across the country<\/a><\/h2>\n<\/header>\n<\/div>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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