Does anyone have any experience in carparks, purchasing then leasing them? Preferably in Melbourne but open to ideas. What are some pros and cons? Whats an effective way to research the return?
I had a thought while driving home today past a smallish local park set aside when a subdivision down the road was completed. Currently the land is pretty bare apart from a couple of gardens and some trees. I've never seen anyone using the park.
Since we will be contributing around 30 grand...