Author: Joff van Reenan
High Street Auctions Director and Lead Auctioneer
29 July 2021
HISTORIC MORGENHOF WINE ESTATE TO BE AUCTIONED FOR THE FIRST TIME AFTER 329 YEARS
The historic Morgenhof Wine Estate on the slopes of the Simonsberg in Stellenbosch is going on auction in August 2021 for the first time in the winery’s 329-year history.
For nearly thirty years, the estate has been owned 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 her grandfather, the luxury Remy Martin brand of cognac.
High Street Auctions Director and Lead Auctioneer, Joff van Reenan, says the historic estate spans 210 hectares with just over 70 hectares currently under vine.
“Substantially adding to the attraction of the estate itself is the fact that it will be auctioned on the 25th of August at 12:00pm with considerable foreign exchange and assessed tax loss incentives that would be extremely beneficial to the eventual buyer” he says.
“The estate has two luxury manor houses with exquisite finishes and furnishings, a wine tasting venue, a wedding chapel, guest cottages, function rooms, a unique architect-designed sunken octagonal sky lit wine cellar and a large award-winning winery – just a few of the special features the property has to offer”.
“Morgenhof is also a true pioneer of South African viticulture. Dating back to 1692, one can trace the rich wine-making history back to the original French Huguenots. The vineyards are farmed as ‘dry land’ which result in smaller yields and superior concentrations in the berries. The estate comprised of a variety of soil types with the terroir further complimented by altitudes ranging from 65 – 400 metres above sea level.”
Morgenhof’s portfolio of wines include a mixture of reds and whites, ranging from the fresh Sauvignon Black to the barrel-fermented Chenin Blanc. The red wine range offers a selection of iconic single varietal wines including a revered Merlot and a vibrant Pinotage, as well as a Bordeaux-style blend that is also the flagship of the Morgenhof range.
The built infrastructure improvements on Morgenhof include:
- The pristinely restored 450m2 main manor house comprising of 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, is a two-storey Cape Dutch style dwelling with four bedrooms, attached staff quarters and its own private swimming pool.
- A 600-ton capacity wine cellar.
- An underground barrel fermentation hall.
- A wine tasting room and terrace.
- A restaurant.
- A wedding chapel.
- A conference venue with attached catering facilities.
- A bistro and coffee shop.
- An office block.
- Staff accommodation of various types.
Van Reenen says Morgenhof is being auctioned as a going concern, with all furniture, fixtures and fittings included in the sale and the contents of the wine cellar will also form part of the auction lot.
“This is an established and well-diversified business with multiple income streams that offers a new owner with vision, massive potential to expand”.
“The current owner wants to see that legacy continue for another three centuries, so after three decades of contributing her lineage’s 800 years of viticulture experience to this estate she is handing over the reins. Anne Cointreau will be returning to France to retire and enjoy life with her extended family, and we wish her well” he concludes.
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