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Multi-family: Salta to create Melbourne's first high-rise rental tower

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BRW rich listers, the Tarascios, will pioneer a new asset class in Melbourne's heated apartment market with the family's Salta Properties to develop and retain ownership of all 260 units in a new $330 million Docklands tower.

The tower will also include the city's first Hotel Indigo, to be managed by the InterContinental Hotel Group.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/real-estate/residential/vic/multifamily-salta-to-create-melbournes-first-highrise-rental-tower-20170501-gvw2ms