Apology for the issue that you are facing.
I was able to repro the issue at my end and have looked into the source code and found that the error was due to the validation at line no 142 and the error was thrown by the line no 145. The value is hardcoded as 240 KB. I have created the PR either to fix it or dynamically fetch it according to the event hub SKU.
Update:
I have got an update from my team that this is by design and they are focusing on deciding when to implement the functionality as discussed in this item.
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