Patricia IIhan lists 362 Little Collins Street
Jonathan ChancellorAugust 4, 2015
Businesswoman Patricia Ilhan has listed her four-level Melbourne office building at 362 Little Collins Street.
Set between Queen and Elizabeth streets, the building has annual rental returns of nearly $400,000.
The 312-square-metre block has airspace development potential.
It is expected to sell for more than $8 million by listing agent Vinci Carbone.
It was bought for $4.4 million in 2009.
She is believed to be selling the prime CBD property to reinvest in another commercial property.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.