Landmark Terrigal Hotel on the NSW Central Coast sold
JLL Hotels & Hospitality Group is pleased to announce the successful off-market sale of the Terrigal Hotel, a large-format coastal pub and one of the Central Coast’s most prominent hospitality assets. The transaction was brokered exclusively by JLL Hotels & Hospitality Group Managing Director, Ben McDonald, and Executive Director, John Musca.
The Terrigal Hotel, owned by Patrick Gallagher of Gallagher Hotels in partnership with John Daly, has been acquired by respected private operators, Hunter Hotel Group, whose portfolio spans prime hospitality assets across the NSW Central to Mid-North Coast.
Strategically positioned in the heart of the Terrigal beachfront precinct on approximately 4,000sqm, the Terrigal Hotel is a multi-level hospitality venue comprising expansive bar and dining spaces, high-capacity function areas, and a high-performing gaming lounge. The venue generates average weekly revenues in excess of $285,000, underscoring its strong local patronage and year-round tourist appeal.
“This discreet off-market transaction highlights the continued appetite for premium coastal pub assets,” said Ben McDonald. “Terrigal Hotel’s scale, trading performance, and blue-chip location made it a highly attractive acquisition for experienced operators like the Hunter family.”
Coastal hotel investments remain tightly held and keenly sought after, with competitive demand from private and institutional buyers alike. This latest sale follows the recent announcement of the Beach Hotel, Byron Bay, and Bermagui Beach Hotel, both also sold by JLL Hotels, reinforcing the market strength of prime beachfront pubs.
Mr Gallagher highlighted the longstanding affiliation with the community as something both he and Mr Daly will miss when they hand over the keys to the Hunter Hotel Group in September. He added; “We’re very sad to be leaving Terrigal and the local community we have enjoyed such a close, positive relationship with during our tenure. From the Surf Club to the Terrigal Sharks and the Fishing Club, owning and operating this hotel in such a vibrant community has been a real joy for John and I and our respective families. We wish the Hunter family every success in the future.”
Mr Gallagher and his family are planning to turn their heads to completing their large scale, $10m refurbishment of the famed Hunters Hill Hotel, set to open in the coming weeks along with optimising the balance of his portfolio which includes the Longueville Hotel, Jacksons on George in Sydney’s CBD and the Railway Hotel, Fairfield.
Commenting on the sale Paul Hunter, Managing Director of Hunter Hotel Group added; “We’re excited to be taking on the Terrigal Hotel, an iconic venue local to us in a great location. We look forward to building on its strong reputation and continuing to deliver great hospitality for the local community and visitors alike."
JLL, 12th August 2025
