Malon Lodge, Prahran, Could Wind up in The Hands of Residential Developers

The 1260 square metre site is supersized, by inner-city standards, and could yield a project of more than 50 units, sources speculate.

Malon Lodge, at 54 The Avenue, is zoned Residential 1.

Elsewhere in the chic inner-city suburb, a 13,711 square metre site formerly occupied by the Vision Australia is to be redeveloped into a major village after selling to local developer Caydon for $21 million in April.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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