Australia’s richest woman Gina Rinehart is now the owner of an $18.5m Brisbane property

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:35Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:35 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenGina Rinehart’s property portfolio00:35The house now transferred into Rinehart’s name. Picture: Jack TranAUSTRALIA’S richest woman Gina Rinehart is now the owner of an $18.5 million Hawthorne riverfront property.Technically she, or one of her companies — Wingfield Ave Pty Ltd, already owned the riverfront home, but property records reveal it has now been transferred into Rinehart’s name personally.The house and adjoining block covers 4545 sqm of prime riverfront land. More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours agoProperty records reveal Wingfield Ave Pty Ltd, bought the site in August 2014. At the time of the deal it was the highest residential property sale in Brisbane.● BRISBANE’S MOST EXPENSIVE HOUSE SALES● HOUSE THAT SKASE BUILT SELLS FOR A SONGThat was surpassed by the sale of 1 Leopard St, Kangaroo Point for $18,488,888 in late 2016, so technically Rinehart’s property transfer makes it the most expensive residential sale in Brisbane.Records now reveal the properties at Aaron Ave, Hawthorne have changed hands in a “beneficial interest’’ sale to Rinehart.Wingfield Ave Pty Ltd, paid a total of $18 million for the properties in 2014.The property was not publicly listed for sale at the time, so little is known is about it. It does have an inground pool, tennis court, views across the river to New Farm and a private pontoon.Wingfield Ave Pty Ltd, owns a couple of other luxury properties in Brisbane, including a home at Sutton St, Chelmer which it bought for $3.175 million March 2010 and a riverfront home at Laidlaw Pde, East Brisbane, which it paid $4.95 million for in July 2008.last_img

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