Liquidators of property developer Tony Gapes's investment vehicle Victoria Street West are yet to finalise how much is owed, but say $1.4 million is potentially available for unsecured creditors.

Victoria Street West appointed liquidator John Gilbert of C&C Strategic on April 10. In Mr Gilbert’s first liquidators report he was still establishing how much was owed to creditors. The liquidators report says Victoria Street West, previously known as RW Corporate and Redwood Group, bought a development property prior to…