Staff Reporter
A HISTORIC, 329-year-old wine estate on the slopes of Simonsberg in Stellenbosch is to go under the hammer in an unprecedented virtual auction next week.
The Morgenhof Wine Estate, which is one of the oldest wine farms in the country, has drawn a sizeable crowd of potential investors from more than 13 countries, among them South Africa, Australia, China, Germany, Belgium, Lesotho, India, Italy, France, England, Kenya, Canada and the US.
The 210 hectare estate will be auctioned on Friday, August 25, in a virtual auction by High Street Auctions in a South Africa first joint venture with US auction company Tranzon, with a starting bid of R40 million.
High Street Auctions director and lead auctioneer Joff van Reenen said: “The magnificent Morgenhof winery is…