Gina Rinehart’s latest property plunge as Australia’s richest person splurges $100million in one city
- Gina Rinehart snapped up new building
- Mining magnate expanded property empire
Billionaire mining magnate Gina Rinehart has forked out more than $100million for a 14-storey office building to add to her extensive property empire.
The country’s richest person dropped the eye-watering amount on the complex at 70 Eagle Street in the CBD of Brisbane, Queensland.
It is the latest addition to her property portfolio that includes $75million worth of property along the Sunshine Coast with apartments in Noosa and Brisbane.
The building consists of a three-level basement car park, retail space on the ground floor and 11,000sqm of office space above.
Billionaire mining magnate Gina Rinehart has forked out more than $100million for a 14-storey office building to add to her extensive property empire
The country’s richest person dropped the eye-watering amount on the complex at 70 Eagle Street in the CBD of Brisbane, Queensland
The $100million price tag is slightly lower than the amount paid by US funds group Pembroke when the company bought the building in 2014.
Ms Rinehart’s company Hancock Prospecting said the building would be…
