329-year-old historic Morgenhof Wine Estate sold for R52.25m

The 329-year-old Morgenhof wine estate in Stellenbosch, which is one of South Africa’s oldest wine farms, was auctioned for R52.25m on Wednesday to an overseas bidder. This comes after the 210-hectare lush winery attracted several potential investors with most of the interest stemming from an international audience. According to TimesLive, High Street Auctions director and lead auctioneer Joff van Reenen … Continue reading 329-year-old historic Morgenhof Wine Estate sold for R52.25m