Located in a quiet cul-de-sac and occupying an entire north-facing peninsula, this property is one of those rare pieces of real estate that is virtually irreplaceable.

Amalgamated over a period of more than 20 years, the property is undoubtedly one of the largest and most unique parcels of its kind in the area. Hidden in a secluded enclave of Carrara, just off Nerang-Broadbeach Road, the property is spread across three titles of land comprising approximately 3,874 square metres (or almost an acre of land).

Number 2 Witt Avenue has been an icon of the Gold Coast since the late 1980s. Known as the ‘White House’ or ‘Government House’, the property was a fixture of the Gold Coast’s renowned luxury ‘house tours’ frequented by international and national tourists alike.

The mansion, which occupies this block was designed by Brisbane architects and built by the Maxwell family in 1982, to be statement of grandeur.

The current vendors are one of only four owners to have secured this tightly-held holding, and are reluctantly selling due to a family illness. The Maxwell family sold 1 and 2 Witt Avenue to the Timmer family in the late 1980s, before the property changed hands for a third time – to Japanese owners – who bought the mansion (2 Witt Avenue) before later acquiring the adjacent lot (1 Witt Avenue) on which they developed a tennis court to compliment their mansion.

Though the blocks are still on separate titles, the tennis court serves as a superb feature to the total site, although given the Gold Coast’s soaring land values, the block is also ripe for redevelopment, and has approvals in place for a sizeable home to be constructed on the site as an option for future owners to consider. Set at the tip of its own private inlet and surrounded by water on three sides, the property currently comprises two homes set within tranquil resort-style gardens. Boasting more than 160 metres of water frontage, the property offers the best of both worlds, with the option of either a calm water jetty or access to a main river pontoon capable of accommodating large vessels.

The main home is situated on the calm waters of the canal and is reminiscent of an old Southern plantation-style mansion with its full length white columns, 3.5 metre high ceilings and an abundantly proportioned interior offering more than 1293 sqm of living space. The second home comprises 536 sqm of living area and has water views from virtually every room.

Combined, the property boasts a total of 12 king-size bedrooms, (all with en suites) three powder rooms, 3 fully appointed European kitchens, 15 secure carparking spaces as well as a commercial-grade internal lift, and a 32 digital phone cell network designed for those seeking to operate a business from the premises. There are three separate garages, indoor heated pool and spa, as well as an outdoor pool and multi-layered security for those wanting privacy and protection.

The guesthouse, which was built four years ago, comprises approximately 65 squares of luxury with views overlooking main river. The guest residence was built by renowned Gold Coast builder Brad Miller and was designed to offer comfortable modern spaces set within a modern and spacious open plan design.

According to the owners, the site offers prospective buyers the chance to acquire a unique slice of the Gold Coast that offers a myriad of options. In its current state the property provides a resort-style retreat, which could house one or multiple families. Alternatively the property could also be carved up so that 4 Witt Avenue is sold and number 1 and 2 are retained. Option three would be to break up all three existing titles and sell them separately, while option four would be to subdivide the two lots (2& 4 Witt Avenue) to create a third lot, thereby creating room for an additional two more homes to be built on the land. Whatever the decision there is no denying this is a truly remarkable property with endless opportunities.

The property is being auctioned on-site 2pm on Sunday 8 February 2009 and is being marketed by Gary Gallavin of Coldwell Banker Coast Realty. To arrange an inspection call Gary on 0412 363 494.