lkccountant replied to the topic Car parks, a worthy investment? in the forum Help Needed! 15 years, 8 months ago
As returns are always similar, 6% to 8%, then Capital Growth will go up with the rental increases. So it's important to ensure there is CPI increases, and market increases, and I d say a long lease too. I think they are good cash flow investments, at a very low entry price into the market. Even at 50% financing, on interest only, you will be…[Read more]
lkccountant replied to the topic Car park Space as an Investment in the forum Creative Investing 15 years, 8 months ago
My understanding of Car Parks as an investment are that there is obvioulsy a very low entry level, you get Title, they are fully managed and leased, for up to 10 years, and returns are high, and indexed to inflation, and market rent also. As it seems likley inflation will be with us sometime soon, they are probably quite good.I didnt think any…[Read more]