Historic Wine Estate In Stellenbosch Fetches R52.25 Million At Auction

Morgenhof wine estate in Stellenbosch has been sold for R52.25 million.The 329-year-old wine estate, located on the slopes of the Simonsberg went under the hammer via a virtual live-stream by High Street Auctions after multiple registrations were received from three continents prior to the auction.

High Street Auctions director and lead auctioneer Joff van Reenen told property24the buyer was based in Europe.

The reaction to this sale was absolutely unprecedented. We had more than 150 live inquiries from around the world. It was also the largest South African auction campaign ever run, with 2.4 million online views. Global marketing was focused across the United States, Europe and Africa with inquiries eventually coming in from 15 countries.

Joff van Reenen

The History Of Morgenhof

Morgenhof was auctioned by Anne Cointreau, whose family has produced wine, champagne and spirits in France since 1272. Her great grandfather, Adolphe, created the famous orange liqueur that carries the family name and the luxury Remy Martin brand of cognac.

Dating back to 1692, one can trace the French Hugenot’s modern day wine-making history in South Africa. About 200,000 Hugenot decided to flee warfare in France, moving to a few countries across the world, including South Africa, in the 1600s. At the time, the are homed San people and other groups of early South Africans.

The Property

Van Reenen said the built infrastructure included:

  • The pristinely restored 450m² main manor house comprising five bedrooms, five bathrooms, a lounge, dining room and kitchen as well as a wrap-around open terrace paved in terracotta tiles and a splash pool;
  • The Top House, a second manor of 730m² elevated among the vineyards. The two-storey Cape Dutch style dwelling has four bedrooms, attached staff quarters and its own private swimming pool;
  • A 600-tonne capacity wine cellar;
  • Underground barrel fermentation hall;
  • Wine tasting room and terrace;
  • Restaurant;
  • Wedding chapel;
  • Conference venue with attached catering facilities;
  • Bistro and coffee shop;
  • Office block; and
  • Staff accommodation of various types.