Tax dispute emerges over Tony Gapes’ Five Mile development

Tax dispute emerges over Tony Gapes’ Five Mile development
Tony Gapes' Five Mile development had been the subject of a dispute for some time (Photo: Five Mile)
Victoria Young
Developer Tony Gapes has lost a tax dispute with businessman Craig Greenwood over Queenstown’s Five Mile project, a court judgment has revealed.Companies linked to Gapes and Greenwood had three sets of interrelated cases against each other over the Frankton retail and commercial hub.Greenwood’s Gateway had held the assets of the project as corporate trustee for Clearmont Queenstown, which was Greenwood’s entity, and for Victoria Street West Ltd, which was Gapes’. Victoria Street West is ultimately owned by Gapes’ R...

More Property

First residential housing fast-track consent granted
Policy

First residential housing fast-track consent granted

The Maitahi Village project in Nelson will supply about 374 residential units.

Gregor Thompson 18 Sep 2025
Developer Profico Group in liquidation
Property

Developer Profico Group in liquidation

Profico Group developed in both Christchurch and Auckland.

Gregor Thompson 18 Sep 2025
Du Val accountant censured and fined
Property

Du Val accountant censured and fined

Nicola Adam acted on instruction from Kenyon Clarke and minority shareholders.

Maria Slade 17 Sep 2025
Most Du Val investors unlikely to get anything
Property

Most Du Val investors unlikely to get anything

The statutory manager has released its latest report into the failed property group.

Maria Slade 16 Sep 2025