#loughdeergmarina – Lough Derg marina in County Clare – once Ireland's largest marina and leisure boating facility – is for sale for at €500,000, a fraction of its boom–time value.

The freshwater boating facility that boasts over 250 berths is located in the town of Killaloe, the 'water capital' of Lough Derg.

The marina that has 500 metres of lake frontage last changed hands in 2006 for €8m. It has considerable development opportunity.

The marina is situated at the southern limit of the navigable part of the River Shannon. Lough Derg Marina is within walking distance of all Balllina/Killaloe amenities including an array of established restaurants and pubs.

Killaloe is an important boating and fishing centre within the three counties of Clare, Tipperary and Limerick. An area of natural beauty, Killaloe has become a 'most preferred residential' location in this region and has excellent transport links. It is only 8 kilometres from the M7 Motorway at Birdhill, approximately 22 kilometres north east of Limerick City and approximately 38 kilometres north east of Shannon International Airport.

More details from agents here and a piece in the Irish Times here