Can I renting out my privately owned car space in a commercial strata?

Generally, parking spaces are privately titled, which means they can be rented out the same way an apartment can be.

If you are the lot owner, and there is nothing in the OC rules prohibiting it, you should be okay to continue. If you are a tenant, check if your tenancy agreement prohibits sub-leasing.

Having said this, your OC may have processes in place to manage this type of arrangement effectively.

For example, if you have provided a fob to access a secure car park, this fob may need to have building access turned off to protect the security of fellow owners. Or, if you are renting the space for short periods (e.g. a few days/weeks at a time), this may pose additional security risks.

Further, there may be other OC rules for the person to be aware of, particularly around their use of the common property, which they will likely be using to access the parking space.

For these reasons, letting your OC know would be a courteous thing to do. It will enable them to put appropriate measures in place and protect the safety and peaceful enjoyment of all other lots.