French Restaurant on market for $10m
Posted on 28 May 2025
Rich lister Patricia Ilhan is offloading the Greville Street freehold of swanky French restaurant Entrecote, along with its neighbor stores, Kookai and Acai Brothers.
The three shops, in the trendy heart of Prahran are at 136-144 Greville Street and are expected to fetch more than $10 million.
Entrecote made the move into Greville Street in April 2021 after several years at the old Lynch's restaurant on Domain Road, South Yarra. Ilhan bought the properties in 2011, paying almost $8 million in total.
The tenants pay $479,370 a year in rent and have rights to eight car spaces at No.128. The properties are on three titles covering 909 square meters.
Vinci Carbone's Frank Vinci and Joseph Carbone are handling the expressions of interest campaign.
Ilhan made a motza, with the late John Ilhan, selling the Crazy John's mobile phone retailing business to Vodafone in the early 2000s.
Last year, she purchased a small office building at 45-49 Bourke Street for $ =16.2 million. The east end of Bourke Street has become hot property with a handful of top hospitality operators jostling for position.
https://www.theage.com.au/business/companies/rich-lister-wants-to-offload-10m-swanky-french-restaurant-in-prahran-20250522-p5m1dy.html
The three shops, in the trendy heart of Prahran are at 136-144 Greville Street and are expected to fetch more than $10 million.
Entrecote made the move into Greville Street in April 2021 after several years at the old Lynch's restaurant on Domain Road, South Yarra. Ilhan bought the properties in 2011, paying almost $8 million in total.
The tenants pay $479,370 a year in rent and have rights to eight car spaces at No.128. The properties are on three titles covering 909 square meters.
Vinci Carbone's Frank Vinci and Joseph Carbone are handling the expressions of interest campaign.
Ilhan made a motza, with the late John Ilhan, selling the Crazy John's mobile phone retailing business to Vodafone in the early 2000s.
Last year, she purchased a small office building at 45-49 Bourke Street for $ =16.2 million. The east end of Bourke Street has become hot property with a handful of top hospitality operators jostling for position.
https://www.theage.com.au/business/companies/rich-lister-wants-to-offload-10m-swanky-french-restaurant-in-prahran-20250522-p5m1dy.html