Press Release
Last remaining hearse conversion site in Smithfield industrial precinct sold
Sydney
March 25, 2025
Media Contact
Senior Communications Specialist, Australia
The site of Hadley’s Hearses has been acquired by local investor for $3.45 million.
Located at 22 Britton Street in Smithfield, the 1,262sqm property features a 570sqm workshop and manufacturing facility. Since 1965, the operating business has provided custom-built hearses and is one of the last remaining within the Greater Western Sydney region.
CBRE’s Janet Joljian managed the sale and said the property attracted a diverse pool of potential buyers.
“After completing a rigorous private treaty campaign and fielding various offers to purchase, an outstanding result was achieved for this well packaged owner occupier/investor opportunity. The vendor plans to stay on a leaseback basis for 12 months,” Ms Joljian added.
The workshop has recently undergone upgrades including the installation of a new solar panel roof and spray booth.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.