Stayed here in Nov 2011 for a girls weekend in Melbourne. Accommodation was very basic which was expected for the price, but it was really disappointing. Firstly we weren't told until check in that our apartment was in Gipps St which is about two blocks from the Albert St reception( Not too far, but a bit inconvenient to walk with luggage). The apartment was small and old, the blankets had holes, the bathroom tiny, ran out of hot water and it wasn't as clean as it should be. The information file on the coffee table mentions how to dial reception, and what the direct number for the apartment is, but the apartment had no phone.
It is reasonably priced, but I think the website and photos are deceptive, our room looked nothing like those shown on their site.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC