Elysian tower

Cool_CM

Where the old An Post sorting office used to be, behind the Anglesea Street Garda Station

104494431

dotsman wrote: »

It's a shame, because I do think they are nice, but it's a bit overindulgent for today's market.

655k for an apartment in a city on a scale as ridiculously small as Cork?!?

In this current economic "crisis": Nobody can afford 655k for an apartment unless they are buying it to add to their collection.

The cost of the mortgage and the service charge alone is more than most (80-90%) of people could afford on a 50k a year salary.

FunkyMissMonkey

I imagine it was designed a while ago, with a different economy in mind, when Cork was growing? It is a shame though, such a huge, high profile construction, and I can see most of the units are going to be empty for a long time to come.

Even rental prices on them are going to be astronomical, for the same type of accommodation you can get at other, cheaper locations around the city.

I do wonder which shops are going to be moving into the building though, since I live in the shadow of it, they may come in handy for me!

Dannyboy83

Thats odd, I heard the radio interview with the developer/interviewee on the day it was opened, and he assured the interviewer that the prices had been revised for a more realistic economic climate.

I wonder which economic climate he had in mind? Moscow?

opus

104494431 wrote: »

655k for an apartment in a city on a scale as ridiculously small as Cork?!?

In this current economic "crisis": Nobody can afford 655k for an apartment unless they are buying it to add to their collection.

The cost of the mortgage and the service charge alone is more than most (80-90%) of people could afford on a 50k a year salary.

Stories like this being published won't help them flog them!

Report predicts ongoing fall in house prices next year

20% fall on that flat = €131K
46% fall on that flat = €301K :eek:

Is there anyone in Cork who could afford to not worry about that amount of cash going down the drain?

opus

Spotted the Elysian flats have appeared on Daft to rent:

1-bed
3-bed

Guess nobody is willing to stump up the cash to buy :rolleyes:

run_Forrest_run

opus wrote: »

...Elysian flats ..

ouch, don't let the poor existing owners of any units hear you refer to them as that:D

mik_da_man

They look very nice, but are still a wee bit pricey

Something to think about though.....

deRanged

opus wrote: »

Elysian flats

has a certain ring to it though

towel401

for 4k a year you could probably rent a whole building the same size in some former soviet state

opus

I read on another site that ~40 bookings were taken but 20 fell through because the banks wouldn't give a mortgage for the place which says a lot I think (assuming it's true).

suppafly

opus wrote: »

Spotted the Elysian flats have appeared on Daft to rent:

1-bed
3-bed

The rent for the 3 bed one is not too bad

dewdrop

I see they are renting out the car park at something over two euro an hour. measures to boost income in absence of sales ?

maxwell smart

They have only sold 3 apartments, are planning to rent out at least 40 of them

tech

i think they have got stung with this building now?

Vinta81

i'm seriously considering renting one for college next year!

Illkillya

Vinta81 wrote: »

i'm seriously considering renting one for college next year!

With the service charges in mind, make a ridiculously low offer and you never know.

Vinta81

It would probably only for a year, I just want the experience of living away from home for a year at least. I'm looking for places, and the apartments there are gorgeous! And, not so far from I live now.

Illkillya

Vinta81 wrote: »

It would probably only for a year, I just want the experience of living away from home for a year at least. I'm looking for places, and the apartments there are gorgeous! And, not so far from I live now.

Tempted myself because my office is right next door to the Elysian, would be a 30 second walk to work And you get the entire facility almost all to yourself - just you, the security/maintenance guys, the cleaners, and that developer's daughter who is living in the tower. I'd say you could have a great "La Haine" style block party there.

I wonder if Elysian dwellers (if such people do indeed come to exist) will be stigmatised in Cork following the ridiculously pretentious image that has been pushed since the hoardings went up a few years ago. My assessment from day 1 was that Cork people would be uncomfortable with the teaser campaigns about the yuppie dinner parties and the faceless professionals with purple sweaters/beige trousers/glasses of wine. Even now they're pushing the yuppie chic thing too far with the posters of Audrey Hepburn (or whoever it is), and the straight-back black leather chairs (that seem to be a fixture in all the modern apartments from the past few years).

Maybe I just don't know the average Cork 30-something professional well enough, but I have heard plenty of complaints on these forums about silly VIP areas, forced queues at Soho, OTT dress codes, etc. Back-fired attempts at the kind of exclusivity that might go down well with the D4 types up the country but was never received well in Cork. Wasn't there a comedian who based his entire act on the fact that Cork people are so hard to impress, particularly when it comes to airs and graces? I'm sure the culture has softened since the dawn of the Sex and the City era, but now that we're back in the mid 80's, I see more and more people opting for the ham and cheese sandwich instead of the feta panini.

Give it another year and a few more desperate price drops and we could see The Elysian fill up with students.

towel401

Illkillya wrote: »

I wonder if Elysian dwellers (if such people do indeed come to exist) will be stigmatised in Cork following the ridiculously pretentious image that has been pushed since the hoardings went up a few years ago. My assessment from day 1 was that Cork people would be uncomfortable with the teaser campaigns about the yuppie dinner parties and the faceless professionals with purple sweaters/beige trousers/glasses of wine. Even now they're pushing the yuppie chic thing too far with the posters of Audrey Hepburn (or whoever it is), and the straight-back black leather chairs (that seem to be a fixture in all the modern apartments from the past few years).

lolz

they should have an exclusive Elysian Facebook group and an iPhone application to control the heating / appliances /doors in the flats if thats the crowd they're trying to sell to.

Vinta81

Illkillya wrote: »

Maybe I just don't know the average Cork 30-something professional well enough, but I have heard plenty of complaints on these forums about silly VIP areas, forced queues at Soho, OTT dress codes, etc

My kinda scene lol. Although , I'm only 20 - I've always liked the finer things in life, like my mother always says, "I was born with expensive taste" lol. My dd is the polar oppsite to me, English comfort food/lifesyle.

Illkillya

Vinta81 wrote: »

My kinda scene lol. Although , I'm only 20 - I've always liked the finer things in life, like my mother always says, "I was born with expensive taste" lol. My dd is the polar oppsite to me, English comfort food/lifesyle.

Rightly so Fact is you can get a luxury apartment now for a similar price to a dingy one, so there's no need to suffer low standard accommodation anymore.

parsi

[QUOTE=Illkillya;59331438.



Maybe I just don't know the average Cork 30-something professional well enough, but I have heard plenty of complaints on these forums about silly VIP areas, forced queues at Soho, OTT dress codes, etc. Back-fired attempts at the kind of exclusivity that might go down well with the D4 types up the country but was never received well in Cork. Wasn't there a comedian who based his entire act on the fact that Cork people are so hard to impress, particularly when it comes to airs and graces? .[/QUOTE]

Buy them a couple of Gin & TonTons and they're easy enough to impress. Look at the joy over Niall Prendergasts VIP area at the Boredwalk. Cork doesn't have any fewer SUVs, big houses, flash cars than anywhere else.

spitfireIRL

i've been up there, nice place to have a gat in the sun :pac: a no no going up there at night tho

ajsp.

I heard that you can get onto the roof garden on Saturdays,kinda a tour thing. Anyone know if there's any truth in it?

crustyjuggler

http://www.theelysian.ie/

Garden looks pretty artificial

Illkillya

opus wrote: »

Spotted the Elysian flats have appeared on Daft to rent:

1-bed
3-bed

Guess nobody is willing to stump up the cash to buy :rolleyes:

They've dropped the price on daft.ie already to €1000. I knew they'd need to lower the price significantly, but didn't expect to see it so soon.

sunnyside

Just looked at the pictures from daft. I would gladly swap my shabby 2nd hand house for one of those. I would love to live there:(

dahamsta

Heh, the 1 bed dropped by €200 in just 9 days.

Jack B. Badd

Ouch! They must be desperate...