Council profit from street meters and fines. They promised a guaranteed 8% rental return for 2 years. When you spend a large amount of money, you may assume that you will receive a return on the money that you put into it. This may seem hard to comprehend when a majority of parking spaces are free, but many daring investors are proving that car parking spaces can definitely be a viable investment, offering both capital gains and rental return! Investment Highlights: * 12 car-parks * 1017sqm of valuable land * 450sqm floor space * Rental $400 a metre net rent achievable or $180 a year net rent plus outs. A good investment strategy during a recession is to look for companies that are maintaining strong balance sheets or steady business models despite the economic headwinds. Thousands of British savers are being conned out of millions of pounds in a wave of 'airport parking' investment scams designed to part them with their pension cash, The Mirror can reveal today. Less private car parks more parking on the street or illegal parking. Bitcoin Price Prediction: How High Will It Go? 8 Interesting Facts About Self-Driving Cars Worth Knowing, European Space Agency Now Offers Satellite-Driven Car Parking Services, Hyderabad gets smart parking powered by startup ‘Get My Parking’, Get My Parking celebrates its 4th Anniversary, Issues with Parking in Indian Metropolises, Get My Parking Displays Smart Parking Solutions in Las Vegas at a leading Parking Expo, Visit us at NPA Convention & Expo-2018 in Las Vegas, USA (22-25 Oct), Get My Parking CMO speaks at the Global Mobility Summit Pre- Event organised by WRI. For example, a car park in Dubai may advertise to UK residents, and if you choose to invest, you have no way of knowing whether the car park actually exists unless you’re willing to visit Dubai and check it out for yourself. Investing in car parking spaces might thus make for a smart investment; savvy investors already have their eyes firmly set on inner-city parking spaces. Consider These 4 Alternative Investments, 10 Myths About Gold Coins as An Investment. 2. It's also about accessibility, with drivers looking to get in out as quickly as possible. The car park investment must be used for commercial purposes only and the SIPP provider must approve of the inclusion. Is There an Opportunity to Invest in Marijuana? While house prices in capital cities can experience boom periods of substantial growth, the same can’t really be said for parking spots. Which Alternative Investments Offer a High Yield? Gold, Silver or Platinum: Which Precious Metal Will Perform Better in 2016? As long as there are customers willing to park their vehicles in a garage, or some other commercial parking space, there will be returns on the investment. So car parks are affordable for those wanting to get on the first rung of the property investing ladder, but do they stack up as good investments? How Big is the IoT Industry in America? The holy grail for investors is a guaranteed investment return that beats inflation. Portfolio development: from car parks to hotels. The investment has great potential returns and an affordable entry level at only €23.000. Parking a car anywhere is quite expensive nowadays – a 12-square-metre car park in Kirribilli sold for $120,000 in June 2015. This is the concept of everyday …, Across the globe, autonomous cars or self-driving cars are all the …, For most parking companies, assessing parking availability with great …, Hyderabad Metro Rail Ltd (HMRL) has introduced ‘Park …, Today we complete 4 amazing years of our journey at Get My Parking! Intuitively, we all understand the benefits of open space: a walk, a breath of fresh air, a change of scene. Garages are used for a lot of other things like storing junk or home workshops, but parking in the garage is one of the best things for a vehicle. Moreover, there’s a chance capital growth might not be as rosy as thought. Fees can include strata levies and council rates. Car parks space can not only generate an attractive rental income, but they could also become highly sought-after real estate as parking areas steadily decrease. 118%. The car parking sector is starting to attract interest from investors, but a lack of liquidity could pose a barrier to entry. How Replace Your Salary With Alternative Investments & Retire Early, How Your Vote Could Impact Your Investments, 3 Ways To Profit From The Current Decline In Oil Prices, Why You Shouldn’t Invest in Stocks in 2016, The Alternative For Your Savings That Could Earn You 9% This Year. 5 Investment Trends to Profit From a Post-Coronavirus World A look at some investment themes relevant in the post-COVID-19 world. Car parks are the new investment class. In Melbourne the value of these investments have dropped because there is not a lack of car parks and becuase of a new tax that will cost investors around $800 per year. Some questions in life are asked more in hope than in expectation of good news. Return. Has anyone been paid the promised returns of 16%? Investors purchase a block of property in a car park – called “car park spaces.” The investor then leases the space out to a tenant for a specified period of time. By buying a used car, You can potentially save half of your original "investment" in that new car, and you make 5% for five years by investing the money. One of the many advantages of a car park investment is that it’s a low-risk proposition if the demand for parking is high. 2. For one, there’s a chance a new development could absorb customers as more parking spaces become readily available. Over 8 Years’ Industry Experience. There are many specialised companies throughout Australia that offer a service that matches vendors with buyers. The shortage in car parking space supply is attributable to a combination of factors. Acres of car parking, …. Before investing in a space, be aware of the associated costs such as fees to the local council that could well negate any meaningful return on your car parks investment. The Tesla seems fairly well-priced, so that’s not a problem. Surface Parking Rates to Triple in Delhi a Step in the Right Direction? Should You Consider Investing in Rare Coins? Should you invest in gold during a period of inflation. The returns consist of both regular income (rental income) and potential capital growth. How long should I spend Researching local garages? 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