ORIGIN Energy has sold a portfolio of five Victorian retail properties for $10.05 million.

The ASX listed company said that after a review of its retail market presence, the shops – which the company has owned since the 1960s - were surplus to its needs.

In Melbourne, Origin offloaded a shop and office in Bentleigh’s Centre Road shopping strip for $3.8 million, while in Oakleigh, a shop in Portman Street sold for $2.675 million, at a low 2.5 per cent yield. At 452 Sydney Road in Coburg, a former Origin shop now occupied by the Salvation Army, sold for $1.35 million.

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