Gina Rinehart's $300,000 Mosman house loss
The redundant Mosman investment property of Australia’s richest woman Gina Rinehart sold at a $300,000 loss.
It was the former Mosman home of her daughter, Hope Welker.
It had cost $5.4 million in 2007, and the paperwork shows its recent sale was at $5.1 million to a Chinese couple.
Another $300,000 in NSW stamp duty would be added to the expenses bill, along with land tax and selling expenses.
Its March sale was undisclosed, pre-auction on its second sales marketing attempt.
The contemporary Bradleys Head Road house had been listed both times through the Ray White Lower North Shore.
Hope Welker and her husband, Ryan, vacated the Mosman property as they departed for New York in 2011, around the time the family dispute over control of the family's mining interests became public through litigation.
