PropTechNOW

Rent Your Landlord’s Carpark

3 minute read

Throughout capital cities in Australia carparks are limited and often can demand excessive rents for hourly, daily, weekly, monthly and even yearly periods. For car park owners and landlords, the issue has always been how to monetise this as there is no formal mechanism to recognise and rent these car parks. This has all now changed due to a new online venture Rentmy Carpark allowing property owners, landlords and property managers to rent out carparks. Their concept is simple…..if you can park a car on it then it is a carpark. Only rent the carpark out when it is convenient to do so. From their website:

The idea for our site was conceived several years ago when one of us walked past an empty driveway in the city and thought “hmmm……if only I could park there!”. Needless to say two years later we had launched our first website.

Our goal is a simple one – To provide you with a fun, quick and easy way to advertise and rent out your carspace, driveway or storage space.

Rentmy Carpark is a very clean website which utilizes map search for carparks across Australia. Carpark seekers are able to submit an enquiry for carparks they are interested in or save them to their favourites list. The website also users social networking through a blog for the website & individual blogs for each car park, along with publishing an advertiser’s ad to their Facebook profile.

The only shortcoming I see with this website, is that it offers no facility for owners to offer their carpark for sale. Perhaps this will come in the form of another website further down the track.

As a property manager or agent, you can now offer an alternative service to your vendors. If they have a car park available where they live or in an investment property where the tenants do not have a car, then here is an opportunity for you to generate additional income for them. Also, Rentmy Carpark has an entire section dedicated to Parking Stations which provides Commercial Property Manager’s with a great resource to help them manage/lease commercial carparks.

Disclaimer: Rentmy Carpark was designed and developed by Agentpoint Pty Ltd which is owned and operated by Peter Ricci.