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  1. manny

    Purchase of Car Park spot

    Reply: 1.1 From: Manny B Hi Dave, it was through Coverlids R.E., I must admit it did catch my eye & 6.5% net (as all expenses being covered) did appeal to me... But as you said, I am worried about the capital growth you may get in the next 5-10 years... Cheers, Manny.
  2. manny

    Purchase of Car Park spot

    From: Manny B Howdy there, I have come across the sale of car parking spots in Melbourne for $45,000 which offer a 6.5% NET return with an annual rental increase of 3% (or CPI, which ever is less) locked in a 10 year lease with an option for a further 10 year lease... Has anyone ventured in...
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