We stayed in a 3 bedroom apartment with 4 Teenagers.
Accommodation: The views from the loungeroom, front balcony & kitchen are amazing. The apartment was very spacious and very clean with nice furniture and really good beds. A great kitchen with new appliances and more Cooking Equipment than I have in my own :)
Location: The walk to Surfers takes about 25 min., so if you want action/shopping/dining out every night, you should look for accommodation closer to surfers. If Views & Beachfront is more important to you, then the Viscount is a very good choice.
There is one restaurant and a bottle shop close by though.
Our Teens bought boards and went into the ocean every night after a day at the Themeparks, which was great. If we'd had accommodation in Surfers, I doubt that they would have done that. There is a walking/bicycle track starting right next to the Hotel, so if you are not to keen on walking/.running for your workout in the sand at the beach, this is perfect and nice and shady in the mornings.
Shopping: Pacific Fair is only 5 min. away by car. Being from German Background and living in remote W.A., where you don't have access to much, we drove 10 min. to Aldi Broadbeach, where a big shop for 4 Teens & 2 Adults only costs about 1/2 of what you would spend at the other Majors :)
Other: The staff is very friendly and always eager to help.
For a 3 bedroom apartment with absolute beachfront, this is great value for money.
The only thing we missed was a nice table/chairs setting out on the balcony, as our balcony only had 2 old higher chairs and a high table. It would have been nice to sit outside for brekkie!