Fantastic location if you are going on a harbour cruise from Kings Wharf as it is a 2 minute walk. Also a 1 minute walk to great pubs/nightclubs. Can be a bit noisy at busy times of the year such as Xmas. Overall great location and value for money.
The best stay in Sydney ever. I would recommend this place to anyone who is on a budget and wants to be close to everything. Great in-house movies and great views room.