Sam Tarascio
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- Melbourne
- Marital Status
- Married
- Children
- 3
Assets
- Australian Unity Office Fund10,000,000 shares @ --AOF-AU
Biography
Sam Tarascio owns a portfolio of real estate across Melbourne, including a business park, two distribution sites, a large shopping mall and a market.
Tarascio, who emigrated from Italy in the 1950s, also owns several inner-city apartment developments.
He started out in property development in the 1960s by building a warehouse for German pharmaceutical company Hoechst, where he had worked in sales.
That led him to establish logistics and industrial-development business Salta Properties, now run by his son Sam.
Sam Tarascio, founder of Salta Properties, will transition from his role as founding director to non-executive founding director, effective 1 January 2026.
About
Tarascio imported an olive press in 2014 for his Taralinga Estate on the Mornington Peninsula, near Melbourne.
His Taralinga Estate olive oil has won two gold medals at the New York International World Olive Oil Competition.