My wife and I stayed here recently and we found the hotel to be in a great location as we used the ferry and trains on our trip.
The booked the standard room room and were somewhat disappointed with its offering. The room was big enough for two people but it just looked dated. The bathroom especially was showing its age. Shower was over the bath with a curtain which is disappointing for a near 5 star hotel. Light fittings need major updating as they look prehistoric and made all the bathroom look dated.
Staff were friendly in all our dealings.
Would definitely try another hotel when next in Sydney.