Car Park Revenue & Optimisation
Is your car park performing as well as it could?
A car park can be a valuable commercial asset, but it isn’t always easy to know whether it is reaching its full potential.
Vernon works with property owners, managers and investors to independently review parking performance, identify where value may be being missed and recommend practical ways to improve the commercial return.
Getting More From Your Parking Asset
Improving performance isn’t simply about increasing parking rates. It means understanding how the car park is being used, how it is managed and where opportunities exist to improve the overall result.
Experience Behind the Advice
With more than 28 years of commercial parking experience, Vernon has worked across parking operations, revenue, feasibility, property and senior leadership.
His experience gives him a practical understanding of both how car parks operate day to day and how they contribute to the wider performance of a property asset.
Independent Advice, Focused on Your Asset
Every parking asset is different. Vernon looks at the full picture, from current performance and operating arrangements through to the wider commercial objectives for the property.
His advice is independent and focused on finding the right solution for the asset, whatever that may be.
Common Questions
There may be signs such as low utilisation, declining revenue, high operating costs or an arrangement that hasn’t been reviewed for some time. Urban Return can independently assess the current position and identify where there may be opportunities to improve performance.
Opportunities could sit across pricing, utilisation, operating costs, technology or the way the parking is managed and used.
Yes. Urban Return can independently review your current arrangement and whether it is delivering the right commercial outcome for your property.
The right price depends on demand, location, nearby alternatives and how you want the car park to be used. Urban Return can help determine an appropriate pricing approach.
It depends on the property, parking demand and how the spaces are currently being used. Urban Return can assess whether paid parking makes commercial sense.
Could Your Car Park Be Doing More?
If you want an independent view on how your parking asset is performing, start with a conversation.
Phone: +64 27 609 8170
Email: [email protected]