Parking lot lease ticket that wins 13 times the assessed price Interested as a specially profitable real estate

Enter 2021.01.15 06:00

The short sale of’parking lot rental tickets’, which leases public parking lots from local governments for 6 months to 2 years to earn profits from parking fees, is attracting attention among investors.

According to Onvid of the Korea Asset Management Corporation on the 15th, the public parking lot lease announced last year by local governments across the country was auctioned off at a price of up to 13 times the appraised value, attracting the attention of consumers. In the past year, there were 4 parking lot leases across the country that won more than 10 times the appraised value. It is considered very unusual for auctions and auctions to be successful at a price more than 10 times the connoisseur’s price.

Suji-ro street parking lot (25 sides) near Suji-gu Office Station in Yongin-si, Gyeonggi-do, had a two-year lease for a short sale at an appraised price of 3.4 million won, which was a 13-fold bid for 45.5 million won. It is the highest successful bid price rate among auctions for parking lot rentals last year. The public parking lot (22 sides) at Jurye Station, Sasang-gu, Busan, also won a one-year lease with an appraised value of 3.6 million won for about 12 times, or 43 million won. The public parking lot (82 sides) of Mireukdo raw fish stores in Tongyeong-si, Gyeongsangnam-do is 12 times the appraised value of 15 million won, and the public parking lot on the road in Buwon-dong and Hogye-ro, Gimhae-si, Gyeongsangnam-do (73 sides) is sold at 37 million won, which is about 11 times the appraised value. done.

In Seoul, the winning bid rate for one-year lease tickets was the highest in Gomdalae parking lot (107 pages) in Sinwol-dong, Yangcheon-gu. Eight bidders flocked, and the bid was 17.4 million won, more than 6 times the appraised price of 16.6 million won. Achasan parking lot in Gwangjin-gu (36 sides) for 6 months was also a successful bid for 48.9 million won, more than four times the assessed value of 10.7 million won. 28 bidders flocked to this auction.

A popular factor is that parking lot rental tickets can be invested in small amounts. Popular parking lots with a high competition rate can get a one-year lease for about 50 million won, and unpopular parking lots can be sold for 10 million won.

For example, a parking lot (10 pages) attached to the Jongno-gu Community Center in Jongno-gu, Seoul, won a one-year lease for 8,500,000 won, 1.4 times the appraised value in November last year. The advantage is that most facilities are equipped with automatic circuit breakers, so the initial facility investment cost is low and you only need to pay utility bills such as electricity bills.

It should be noted that it is different from general profitable real estate (officetel, shopping center) in that the successful bidder becomes a parking lot operator. Although different for each announcement, most of them stipulate the mandatory placement of at least one parking manager and require a business registration certificate. Although it may not be costly due to the nature of the parking lot, the successful bidder may be liable for civil or criminal consequences if life or property damage occurs due to a violation of the duty of care.

In addition, since it is a public parking lot, parking fees and operating hours are fixed, and flexible operation is not possible as parking fee reduction or exemption targets (public officials, national merit, light cars, etc.) must be observed. It cannot be used for commercial purposes other than parking lots. Although it differs for each announcement, most of them are restricted so that car-sharing (vehicle-sharing) companies such as Socar cannot individually sign a parking contract.

How much will it be profitable? There are no statistics related to sales and number of users of public parking lots, so consumers need to take a close look. The expected profit rate for each parking lot varies widely, so’covering the boulders’ is the most important. You need to check whether there are a lot of users and whether there are lots of free parking spaces on the surrounding roads. If you look at the Onvid website, there were many parking lot items that gained popularity as in the case above, but there are dozens of parking lot rental tickets that were neglected by zero bidders.

Another factor to consider is that there are not many parking lot users due to the aftermath of the novel coronavirus infection (Corona 19). Yangcheon-gu Office said in a notice last month, “There are cases in which operators are complaining of difficulties due to the decrease in parking lot revenue due to corona, by bidding at a high price that ignores the reality in the thought of seeing the bid first. “I said. Daegu Nam-gu Office also said, “Be sure to check the site and understand the demand for paid parking, and then ask for a bid.”