We stayed over a weekend for a Christmas party, and as such, work paid for hotels (I think they may have booked out most of the hotel). As the title suggests, the hotel is located in the heart of Melbourne's CBD.
Whilst there was nothing particularly special about the hotel, there wasn't anything bad about the hotel either. I didn't have much interaction with the staff, but by all accounts they seemed to go out of their way to accommodate people's requests (I know that a few of my colleagues needed things done and the staff assisted them with their enquiries).
The room itself was large, particularly by Melbourne CBD standards. If you're after a particularly big room, there are disabled access rooms which are even larger still. The room was also clean and well maintained. Even though my room faced Collin St, I had no issues sleeping whatsoever.
In terms of value for money, I feel it was a little pricey - you could get a more established hotel for more or less the same price.
I would stay here again.