Victoria Melbourne Retail Sales Wrap (www.afr.com) A private investor has acquired a 458m² retail property at 57-59 Ocean Beach Road, Sorrento for $4.7 million ($10,262/m² of NLA). A private investor has acquired a 129m² retail property at 115 Acland Street, St Kilda for $3.15 million ($24,419/m² Lettable Area), reflecting a yield of 3.75%. A private investor has acquired a 102m² retail property at 21 Glen Eira Road, Ripponlea for $1.35 million ($13,235/m² of Lettable Area),