150+
Completed Projects
$7bn
Project Pipeline
55
Years of Experience
Over five decades of experience
Founded in 1970 by Salvatore ‘Sam’ Tarascio, Salta has evolved from humble beginnings to be regarded as one of Australia’s most respected family-owned property businesses.
As a diversified developer and asset manager, we operate across multiple sectors - delivering high-quality office precincts, industrial and logistics hubs, retail spaces and apartments.
With a long-term view to strategically acquire, develop and manage our assets, we unlock opportunities to create positive outcomes for our customers, people, businesses and communities.
Underpinned by a commitment to care and focus on fostering mutually beneficial relationships and partnerships, combined with our stability and long-term performance over decades has built a multi-billion-dollar investment portfolio and future development pipeline.
Always with an eye to the future, Salta is creating places of enduring value, today and for generations to come.
Our history
Salta’s visionary approach to creating long-term property solutions has seen it become one of Australia's largest privately owned property companies, led by the Tarascio Family.
Take a look at Salta's journey so far, via the timeline below.
The beginnings of Salta
Salta was founded by Salvatore ‘Sam’ Tarascio in 1970. Our first warehouse was completed at Cherry Lane in 1972.
A new home and key land acquisitions
Our head office was established in Altona North. We also acquired a large industrial land estate in Altona North, where we completed the CIG development and expanded our vision with a further acquisition in Somerton.
High-profile tenants arrive
Our rapid expansion saw high-profile tenants arrive as sites were realised, including Target and Bridgestone in Altona North, BHP in Port Melbourne and our impressive new head office in 1997 comprising a 10,000sqm office building and 19 warehouse offices.
Rapid expansion
Accelerated growth saw new buildings delivered all over Melbourne, including the CitiWest Industrial Estate, the first Victoria Gardens project and flagship IKEA store, CitiWest South and CitiSouth Dandenong, along with expansion interstate.
New projects, expansions
Salta delivered a string of prestigious residential developments, including 150 Clarendon Street and moving headquarters to Collins Street, adding more ambitious projects including Green Square, a place to live apartments, and further industrial expansion, including a Bunnings Distribution Centre.
The group also received approval to extend Preston Market, and purchased the site for Industry Lanes, along with other residential projects including The Park House and Walmer.
Business diversification and recognition for our Founder
Despite the challenges of COVID-19, Salta continued to diversify with a series of project deliveries including Industry Lanes, 145 Clarendon Street, Walmer and Walmer Bridge, and the launch of the group's Build to Rent buisness, Est, with the delivery of Fitzroy & Co in October 2024.
Our industrial and commercial precincts continued progress with new blue-chip tenants at Nexus Mulgrave and Nexus Dandenong South, including Inland Port progression and the completion of 633 Springvale Road.
In 2023, we moved to our new Head office on Level 29 at 35 Collins Street.
Our Founder, Salvatore (Sam) Tarascio received the Property Council Legacy Award in 2024, and was inducted into the Property Council Property Hall of Fame in June 2025.