Rent a spare bay, garage or lock-up to a neighbour, commuter or small business for a monthly fee.
- Who it suits
People with a spare bay or garage near offices, stations, flats or busy streets.
- Who pays
Commuters, flat dwellers with two cars, small businesses needing storage.
- What they get
A safe, reliable place to park or store things.
- Is there demand?
Office parking in Sandton lists at about R598 to R897 a month (Redefine parking portal), and monthly bays in Johannesburg from about R800 (MyOffice). Home bays in suburbs usually earn less; check what nearby listings charge.
- Real examples
- A spare bay at a block of flats
- A garage rented as storage
- Weekday parking near a station or office park
A good sign: a tenant for three months running.