Renting out a parking bay, garage or storage space
Rent a spare bay, garage or lock-up to a neighbour, commuter or small business for a monthly fee.
Thin evidenceLast checked 24 Oct 2026
- Startup costR0 to R2 000
- First incomeabout 30 days
- Price evidenceR600 to R900 / bay a month
- Commercial viability58 / 100
Who it suits
People with a spare bay or garage near offices, stations, flats or busy streets.
The customer and the problem
Typical customer: Commuters, flat dwellers with two cars, small businesses needing storage.
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.
- A spare bay at a block of flats
- A garage rented as storage
- Weekday parking near a station or office park
Getting customers
A notice at your complex, local Facebook groups and Gumtree.
Relies on: Listing on online marketplaces (Takealot, Bob Shop, Etsy, Teacha!), Word of mouth and referrals, Responding to enquiries.
Money
- Revenue model: A monthly fee, paid in advance.
- Price evidence: Office parking in Sandton lists at about R598 to R897 a month (Redefine); Johannesburg bays from about R800 (MyOffice). Home bays usually earn less; check locally.
- Gross margin: Very high; you already have the space.
- Payment costs: EFT.
- Operating costs: Very little.
- Recurring costs: A padlock or remote, and a little time.
Time to first income
Bays near busy places rent faster.
Competition, risks and scale
Low to moderate, depending on your area.
- Complex rules: check your body corporate or lease allows it
- Theft or damage: agree in writing who is responsible
- Late payment: take the month in advance
Room to grow: Limited to the space you have.
Legal and tax in South Africa
Check your body corporate rules, lease or title deed allows renting out a bay or storage. Register for income tax with SARS once you earn above the tax threshold, and keep a record of every sale and every cost (stock, materials, transport and fees are business costs).
How it fits South Africa: Strongest in metros near offices, stations and flats.
Questions people ask
How much does it cost to start renting out a parking bay, garage or storage space in South Africa?
Our research puts start-up costs at about R0 to R2 000. Recurring costs: A padlock or remote, and a little time.
How long until the first income?
Typically about 30 days, and between 7 and 90 days. Bays near busy places rent faster.
Can I do it with only a phone?
Yes, a smartphone is enough to start, although a laptop helps as you grow.
What about tax and legal rules?
Check your body corporate rules, lease or title deed allows renting out a bay or storage. Register for income tax with SARS once you earn above the tax threshold, and keep a record of every sale and every cost (stock, materials, transport and fees are business costs).
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Researched by the Earn Path team · editorial policy