In busy Australian cities, parking is gold. Drivers circle endlessly searching for a spot, while many apartment owners, strata managers, and property investors sit on unused bays that could be making money.
The good news? With the right parking bollard, you can transform an idle car space into a secure, hassle-free source of income.
Why your parking space is an untapped asset
Parking shortages are common in urban areas — and people are willing to pay for convenience and security. If you own a spare bay, manage visitor spaces, or oversee strata facilities, that real estate is more valuable than you think.
The challenge is control. Without a barrier, spaces often get hijacked by unauthorised vehicles. This makes it difficult to rent out spots with confidence. That’s where parking bollards come in.
How parking bollards create value
A parking bollard is more than a physical barrier — it’s a smart management tool.
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Protects your spot: Only authorised users can access the bay.
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Builds trust: Renters know they’re paying for a guaranteed space.
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Reduces disputes: Clear boundaries mean fewer complaints and less conflict.
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Supports revenue generation: By ensuring spaces are always available for the right person, you can confidently charge for access.
Practical ways to monetise your space
Here are some creative ways to generate income once your bollard is in place:
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Lease to residents: Many apartment dwellers own more than one vehicle. Rent your spare bay for a monthly fee.
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Short-term visitor parking: Offer secure spots for guests, tradies, or short-stay renters.
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Partner with businesses: Nearby offices, cafés, or gyms may need extra staff or customer parking.
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List online: Parking apps let you connect with commuters who’ll pay for guaranteed access near transport hubs.
Even a single space can deliver a steady side income when managed properly.
Choosing the right bollard
Different bollards suit different needs.
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Remote-control bollards: Convenient for frequent users who want in-car access.
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Manual padlock bollards: Budget-friendly, simple, and effective.
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Smartphone-operated bollards: Modern, app-based access ideal for shared or high-tech buildings.
The right choice depends on your budget, level of convenience, and how often the space will be used.
Tips to maximise your earnings
To get the most from your space, keep these best practices in mind:
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Set clear rules: Outline costs, access times, and renter responsibilities.
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Keep it user-friendly: Choose bollards that match the renter’s lifestyle.
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Maintain reliability: A working, well-kept bollard builds trust and repeat business.
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Be strategic with pricing: Adjust rates for location, demand, and long-term vs. short-term use.
The win-win effect
Installing bollards benefits everyone involved:
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Owners earn passive income.
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Residents enjoy organised, dispute-free parking.
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Visitors get peace of mind knowing their spot is legitimate.
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Managers reduce stress, complaints, and wasted time.
A small investment creates lasting value across the entire community.
Why Australians choose ThatsMySpot.com.au
At ThatsMySpot.com.au, we specialise in helping people take control of their parking. From remote-control to smartphone-operated bollards, we offer reliable products designed for Australian conditions. Our team works with strata managers, property owners, and facility operators every day to design solutions that boost efficiency and generate income.
Ready to turn your parking into profit?
Don’t let your spare bay go to waste. With the right bollard, you can protect your space, simplify management, and start earning from something you already own.
👉 Explore the full range of bollards at ThatsMySpot.com.au and see how easy it is to turn parking problems into profit.
