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Queenstown resort cancels contracts over building supply problems

Gibbston Valley Resort has given buyers back their deposits, citing ‘hugely increased costs’.

Gibbston Valley Resort has cancelled part of the planned development

Maria Slade Thu, 25 Aug 2022

A luxury resort development near Queenstown has axed a section of the project blaming building supply problems and rising costs.

The Gibbston Valley Resort on the scenic Kawarau River has cancelled the contracts of buyers in The Vines stage of the development and returned their deposits.

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Queenstown resort cancels contracts over building supply problems
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