Salteri's Werai, Southern Highlands holding gets bigger

The Salteri family has expanded its Southern Highlands holding with a $1.5 million purchase of a two hectare holding.

It was in the late 1990s when Paul and Sandra Salteri first bought at Werai when they spent $3.45 million to buy the neighbouring Greenhills property.

The initial 240 hectare property, sold by medico Bevan Reid, came with Sorensen gardens.

For many years Paul Salteri ran Transfield, an engineering company co-founded by his father Carlo Salteri in 1956 after migrating to Australia from Italy.

Salteri also operated a Wagyu beef operation, with the Dubbo outfit, which sold to Gina Rinehart in 2014 for $31.5 million.

This article first appeared in the Daily Telegraph.