Gina Rinehart sells Noosa land on Sunshine Beach for $6million mark up after ... trends now
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Mining mogul Gina Rinehart is hoping to strike a different kind of payday as she lists one of her many blocks of land at an audacious $6million mark-up.
Ms Rinehart's investment company purchased the 531sqm Noosa site, on Queensland's Sunshine Coast, in February, 2022 for $11.2 million.
But less than a year after buying the land, it is now back on the market for $17.2million.
The site fronts Sunshine Beach, a favourite of holidaymakers in the Noosa region, north of Brisbane.
An investment company belonging to the Australia's richest person Rina Ginehart (pictured) is seeking to make a $6million profit on a Noosa site
The Park Crescent site is being sold by upscale Noosa real estate agent Paul Offermann and the listing comes with its own slickly produced video.
'Covet one of the last remaining absolute beach sites in Sunshine Beach,' agent Rebekah Offermann says in the video.
'After relishing sunrise from your front trellis trot down to the Sunshine Beach shops for coffee and then while away your days on the glistening white sand out the front.'
The site is being marketed using plans for a four-level
