Elizabeth Bay's Deepdene apartment offering

Entreprenuer Markus Kahlbetzer's street-level apartment in the 1970s Stuart Murray-designed Elizabeth Bay apartment block Deepdene has been relisted. 

Set on the Elizabeth Bay Road loop, Deepdene stands between the waterfront properties of Oceana and historic Tresco.

The architecturally iconic apartment complex was constructed by the builders A.F Little as five separate apartments. This latest offering is two combined street-level apartments at $7.5 million plus.  

Pastoralist John Kahlbetzer acquired the penthouse in 1980, then finished his consolidation in 2006 with the purchase of two units costing $6.6 million from Fay Parker of Parker's Wines.

The penthouse outdoor entertainment area which is not currently listed was remodelled by landscaper William Dangar with a structure designed by architect Richard Goodwin.

Bill Bridges at Ballard Property is taking offers until July 25.