Chance for new life at beloved family-run funeral home up for sale

This family run funeral home has been a fixture of Melbourne’s north for decades – but now it’s been given a chance at a new life.

A family-run funeral home in Melbourne’s north is being given a chance at a second life. (Picture: NSL Property Group)

A longstanding family run funeral business in Melbourne’s north is being given a chance at a second life, as the prime location property is up for sale.

The Serenity Funerals Preston site on Bell St is on the market for the first time in 30 years, providing potential buyers an exciting opportunity in the busy suburb.

NSL Property Group managing director Guy Naselli said early interest from buyers indicated the property could sell for around $3.5m

“We’ve had interest from developers, people in the funeral space and investors who are looking to repurpose it,” he said.

The property has been the home of a family-run business for more than thirty years and has not been on the market in decades. (Picture: NSL Property Group)

The property has vast potential for its rebirth, whether it be a residential block or a new business.

“The zoning does allow for a residential development … but the current layout also lends itself to a medical centre or a health and wellbeing business,” Mr Naselli said.

“On the back of Covid we’re getting a lot of mental health and allied health businesses, so I think it would suit that well.”

Located a short distance from Bell railway station, the property amasses 1398sq m with a building area of 500sq m.

Serenity Funerals in Preston is situated on the bustling Bell St strip. (Picture: NSL Property Group)

The business has 45m of frontage along the busy Bell St and is also near the main strips of High St and Plenty Rd.

Mr Naselli said the property had been a family run business for a very long time.

“It’s a family run business that are looking to free up the capital,” he said.

For further information on the property phone Guy Naselli on 0413 750 744.