Gina has for years lived in a newer house on the river end of the block. This purchase alone smashes the $11.2 million Brisbane record house price of 2007. Hancock Jr is entitled to rent the joint from Mum under a deed – one of several – between mother and son. Bill and Chloe Shorten in the Tabcorp marquee at Tuesday's Melbourne Cup. She’s quite fond of fronting the riverbank, is Gina. “I can’t imagine she would want it for anything else,” he said. The consolidation of both properties means Ms Rinehart will be able to enjoy more than 4000 square metres of prime riverfront land. “It takes the entire site up to over an acre on the river, that’s huge. With his matching pink silk pocket square and tie, Bellia kept a polite distance from Rinehart, though the … Mining billionaire Gina Rinehart is understood to have paid $18 million for two adjoining properties on the Brisbane River. “But she has definitely always been fond of Queensland.”. The scaffolding is up on Victoria Avenue in Perth’s rarefied Dalkeith and the tradies’ racket is wafting across the Swan River, as the Hancock Prospector revamps her old man Lang Hancock’s fusty old pile. Freedom Property agent Paul Fallis has a listing in the exclusive Aaron Avenue and said the Rinehart purchase was big gossip in the Moet-sipping and BMW-driving area. The multimillion-dollar consolidation smashes Brisbane’s previous record, which was $11.2 million for a five-bedroom, three-bathroom house on a 5597-square-metre block at 39 Eldernell Terrace, Hamilton, in 2007. Rinehart, who admitted she doesn't actually bet on the ponies herself but said she still enjoys a day at the races, was working the Birdcage enclosure with her own posse, made up of Olympic rower Simon Keenan, swimmer Kotuku Ngawati and her Roy Hill boardmate Tad Watroba. The block of land was previously owned by a local developer who lives just around the corner, Mr Adcock said. Adcock Prestige agent Jason Adcock previously sold the parcel of land with an original house for $2.85 million in 2011. Tony Bellia was seen at Gina Rinehart's side at this year's Melbourne Cup. Mrs Gina Rinehart in the company of Lindsay Fox, Lady Kitty Spencer & Olympians Simon Keenan and Koti Ngawati . With Lady Kitty Spencer, Lindsay Lohan, Bill Shorten and Gina Rinehart in attendance, the event remains a uniquely Australian social experiment. The Rinehart and Pratt parties lunched together before moving on to find their respective spots to watch the Cup. Inside the Tabcorp marquee Bill Shorten and his wife Chloe were looking decidedly more relaxed than their pre-federal election appearance in the same marquee last year. By then, the crowds had surged and the marquees began to burst at the seam; indeed Rinehart had left her run a little too late for a trackside spot and was last spotted with Kerri-Anne Kennerley in the back of a tent watching the big race on a television screen. Bill and Chloe Shorten in the Tabcorp marquee at Tuesday's Melbourne Cup. “She has always been fond of Queensland but her private movements are always private,” he said. This article first appeared in The Australian Financial Review. “You could build a house on it if you wanted to, or just have more privacy from the neighbours. "Lindsay's drink of choice was [a] double-shot vodka and soda," a spy from the champagne marquee revealed. Gina Rinehart begins renovations on Perth mansion, first to fourth on the 2016 BRW Rich List, Hancock Jr is entitled to rent the joint from Mum under a deed. "Kitty was delightful – inside and out, she is a gorgeous person.". It’s not known whether or not Ms Rinehart will live in the house or hold it as an investment. Courtesy Network Ten. Hollywood heavyweight and The Masked Singer judge Lohan held court inside Network 10's marquee, surrounded by an entourage of groupies including Yummy Mummies reality stars Jane Scandizzo and Rachel Watts. Hancock Prospecting’s subsidiary company, Wingfield Avenue Pty Ltd, reportedly splashed out more than $14 million for the property, which was previously owned by businessman Greg Nunn and his wife Alwyne. window['fe-co-audience-experiments-fe-co-audience-experiments_1'] = {"position":"middle","theme":"domain"}; Forbes Magazine names media heiress Blair Parry-Okeden as Australia's richest person, knocking mining magnate Gina Rinehart from the top spot. Gina Rinehart arrives at the Birdcage at Flemington Racecourse on Tuesday. Resplendent in Ralph & Russo haute couture, with an equally elaborate headpiece in ruby and bridal white, billionaire Rinehart was reminiscent of an exotic coral-encrusted creature from the Great Barrier Reef as she arrived at the Victoria Racing Club's 1 Oliver Street marquee on Tuesday. “Cold, dark and awful” was how one visitor described the place to us. One is a $14 million luxurious mini palace at 46-48 Aaron Avenue, Hawthorne, which sits on more than 3400 square metres of land.

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