121 Gordon Street, Albert Park SA 5014

3-bed corner build opposite park | 2010 construction with 4 parking spaces | 2 living areas plus enclosed verandah | strong rental demand in Albert Park This property offers a rare combination of a modern build on a corner block with park frontage, giving it both a positional edge and practical family appeal. The 2010 construction means lower maintenance obligations compared to older stock, while the 4 parking spaces and enclosed verandah add functional flexibility that many competing properties lack. It serves best for families seeking a lock-and-leave home with good school catchment access, or for investors targeting the upper end of the rental market given the $730pw median yield. The flood overlay is the primary risk and should be quantified through a property-specific assessment before committing, as it may affect insurance premiums and future resale appeal. The corner positioning, while advantageous for light and access, can mean reduced privacy on one side. There is opportunity in the formal lounge being convertible to a home office or additional bedroom, increasing the property’s utility for growing families. Hold for medium-term capital growth driven by the area’s amenity and limited new supply, or lease immediately for strong cash flow.