Making News

Salta Properties is moving north side with new plans released for its latest residential project, 249 QP on Queens Parade in North Fitzroy.

The lavish residential venture valued in excess of $60 million will see Salta Properties partner with Wulff Projects to develop 92 premium residences, only four kilometres from Melbourne’s CBD with unparalleled views of the city.

The apartments range from studios to three bedroom configurations across 14 levels of tiered outdoor terraces and equipped with quality amenities including a rooftop terrace, more than one bike space per apartment and a bike repair workshop to cater to the north side commuter.

Committed to diversifying its property portfolio, Salta Properties Managing Director, Sam Tarascio said 249 QP provides the perfect opportunity to explore the market in the northern suburbs.

“Salta Properties aims to add investment value to the area and help boost the residential offering to complement the flourishing community enriched with celebrated hospitality and retail,”

Sam Tarascio

249 QP adopts a timeless and luxurious design from Fieldwork Projects, drawing inspiration from Merri Creek and the basalt rock formations to see the building express a series of stepped sculptural volumes.

“We were inspired by the strong presence of basalt rock in the surrounding landscape and this has been illustrated with fragmented shapes and deep shadows to create a vertical ribbing formation in our design for 249 QP,” said Fieldwork Director, Mr Joachim Quino Holland.

On completion, residences will have close access to the 86-tram route, 246-bus route and Clifton Hill Railway Station, all with convenient access to renowned restaurant strips on Queens Parade and High Street.

Studio apartments start from $395,000 with two bedrooms from $590,000 and three bedrooms starting from $995,000.

For more information, please visit 249QP.com.au and direct all sale enquiries to Matt Bracken from Bracken Hall 0402 098 888 on matt@brackenhall.com.au.

Salta Properties is delighted to announce the appointment of Emma Woodhouse as Chief Operating Officer, a newly created position.

As Chief Operating Officer, Emma will oversee Salta Properties’ development management, project management, asset management and marketing activities, as well as the company’s new industrial construction division.

Salta Properties’ Managing Director, Sam Tarascio, is pleased to welcome Emma into the executive team.

“Emma brings a vast skill set to Salta Properties and an extensive background in construction, together with her long history in development management. 

“We look forward to Emma becoming an integral part of Salta Properties’ leadership team and we are confident she is the best person to provide leadership and contribute to the overall success of the business,” Said Mr Tarascio.

Emma joins Salta Properties following a successful career at Lendlease as Development Director, where she was responsible for a large portfolio of projects in Victoria.

Spanning multiple sectors, Emma’s career has seen her manage a wide portfolio of projects across commercial, education and innovation precincts, residential, hotels, retail, as well as urban regeneration and public infrastructure. 

The newly created role of Chief Operating Officer position reflects Salta Properties’ ever-increasing development pipeline and growing number of investment properties under the company’s management.

The Age, August 21,2019

One of Australia’s largest shipping container logistics firms has signed a 10-year lease on a $45 million warehouse and container park at Salta Properties’ Altona inland port.

Sydney-based ACFS Port Logistics will join global shipping giant Maersk Shipping Lane in the family owned developer’s Nexus Industrial Altona terminal, an inland port designed to handle fully loaded containers in bulk.

The Port Rail Shuttle Network will reduce truck trips into the Port of Melbourne by 3500 per day.
The Port Rail Shuttle Network will reduce truck trips into the Port of Melbourne by 3500 per day.Credit:Jessica Shapiro

The facility will eventually be fully connected by rail to the Port of Melbourne and is part of the Port Rail Shuttle Network, designed to reduce truck trips into the port by 3500 per day. About 5500 trucks visit the port on a daily basis now.

Truck movements in Melbourne’s western suburbs have become a hot political issue for the state government, amid growing opposition from residents and traffic gridlock on the West Gate Bridge.

READ ARTICLE HERE

The Age, Saturday 3 August

Salta Properties has laid out $14.75 million on the Richmond home of high-end bathroom and kitchen fixture suppliers, Rogerseller.

It’s a landbanking exercise for Salta which is already developing office properties at 459 Church Street to the west and Victoria Gardens to the north of the suburb.

Salta purchased the 2944 square metre site in an off-market deal brokered by Colliers International agents Rob Joyes, Rachel Clohesy and Peter Bremner.

READ ARTICLE

Salta Properties has secured international people and material lifting equipment manufacturer, Haulotte Australia Pty Ltd as a tenant at Nexus Industrial Estate on Portlink Drive in Dandenong South.

Committed to tailoring solutions, Salta Properties has specifically designed a new distribution centre for Haulotte Australia Pty Ltd, which features 550 sqm of office space; 3,000 sqm of warehousing; and 5,300 sqm of container hardstand.  

CEO of Haulotte, Alexandre Saubot travelled all the way from the company’s international headquarters in France to join Salta Properties and celebrated the announcement with a site visit and sod turn ceremony.

Salta Properties Managing Director, Sam Tarascio welcomed Haulotte Group as its latest tenant at the industrial precinct and highlighted the importance of tailored solutions for tenants and clients. 

“The agreement with Haulotte Australia Pty Ltd reinforces the appeal of our customised solutions that Salta Properties prides itself on at Nexus Industrial Estate.  It is rewarding to see that we continue to attract high performing companies looking for a strategic base for their distribution centres and warehousing solutions,” said Mr Tarascio.

Construction will be carried out by Q Design & Construct with work set to commence in June and completion scheduled for November 2019.

Haulotte will soon occupy a site with an end value of approximately $6.2 million at the emerging Nexus Industrial site, which plays an integral role in Salta Properties’ inland port strategy, a long-term initiative aimed at improving freight efficiency across the state of Victoria.

Haulotte CEO, Alexandre Saubot, said that the custom-built facility will allow the company to cater more broadly to its clients’ logistical demands.

“The purpose-built site at Nexus Industrial will allow Haulotte to grow its business and better serve our customers’ needs for safe and innovative elevated work platforms and telehandlers.

“Australia is key to our world-wide growth strategy as we celebrate 20 years in Australia and we look forward to the next 20 years of success in our new sale & service subsidiary,” said Mr Saubot.

Adjoining the Western Port Highway, this site is part of an interconnected system of private intermodal terminals with capacity for approximately 750,000sqm of warehousing and currently home to a 44,000sqm distribution centre for Bunnings and 68,000sqm centre for Woolworths.

AFR 18 June 2019

The co-founders of Australian tech success story Aconex are among the investors in a $3 million funding round for Fresho, an online platform that lets restaurants order produce directly from suppliers.

Aconex co-founders Leigh Jasper and Rob Phillpot, as well as Salta Capital’s Tarascio family, are the main backers for the company, which was founded in 2016 by high school friends James Andronis of Clamms Seafood and former EY mergers and acquisitions associate director Huw Birrell.

https://www.afr.com/technology/technology-companies/aconex-founders-lead-investment-in-food-tech-start-up-fresho-20190607-p51vo5

AFR – Thursday 13 June 2019

Salta Properties, the development company owned by the Rich Lister Tarascio family, has appointed Hickory to build two new office buildings with an end value of $150 million in south-eastern Melbourne’s Mulgrave, after securing Carlisle Homes as an anchor tenant.

Carlisle Homes is already a tenant in Salta’s Nexus Corporate business park but the move, triggered by growth of the home builder, will see it take 8000 square metres of the available 12,000sq m in one of the new Gray Puksand-designed buildings. A second, smaller, building will have 8000sq m

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Salta Properties, the property development and investment arm of Financial Review Rich Listers the Tarascio family, has put the Melbourne headquarters of Dulux up for sale with price expectations around $25 million.The sale of the 6000-square-metre corporate office comes as Salta, chaired by patriach Sam Tarascio and led by his son Sam jnr, looks to deploy capital into its various property development projects, including a major build-to-rent and hotel development at Docklands and numerous residential, office, retail and industrial projects.

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https://www.afr.com/real-estate/commercial/rich-lister-tarascios-to-divest-dulux-hq-as-docklands-project-emerges-20190529-p51sa2