PROFIT IN PARKING
At a mere 15m2 car parks are tiny slivers of commercial real estate increasing rapidly in value but often overlooked as an investment.
Nestling between or underneath glass and steel office blocks or apartment buildings, car parks generally lack the instant commercial sparkle of other properties to tempt potential investors.
Yet, car parks are the epitome of the low-maintenance, hands-off, passive property investment and the ultimate supply and demand business.
There are few fixtures and fittings associated with them and although the returns are not dramatic they are equal to or better than residential property.
They also give people a foothold in the commercial property
