Malaysian horse racing tycoon, Teo Ah Khing expand Southern Highlands farm into neighbouring vineyard

The Malaysian horse racing tycoon, and architect, Teo Ah Khing and his wife Ivy are expanding their Southern Highlands farm.

They already own The Chase, the historic trophy homestead on 40 hectares at Sutton Forest, which was bought for $5.8 million last year.

Now they have paid $4.85 million for the adjoining 32 hectare property which is a tourism vineyard.

It was bought through Ray White Rural agent George Southwell from Southern Highland Wines which has been owned and operated by three families: Rossi, Corradi and Colloridi for almost two decades.

Around 10 hectares of vines are planted producing wines under the SHW Estate and Oldbury Reserve labels. The vineyards are producing sauvignon blanc, shiraz and pinot noir.

Across Oldbury Road, and surrounded by sweeping lawns, hedged and walled gardens and exotic trees, The Chase homestead comes with a cottage, stables, barn and cattle yards as well as a pool and tennis court.

The restored and extended house comes with 3.35-metre-high Wunderlich ceilings.

Teo Ah Khing's China Horse Club has been a big new comer at recent Inglis yearling sales.

Teo heads Desert Star, the parent company of the China Horse Club which has re-introduced the sport of horseracing in China.