For the price, I found the hotel and amenities outdated and unimpressive. Could hear everything going on in other peoples rooms, right down to phone conversations (and being able to hear the person on speaker reply)! However, the staff were incredible. I requested a quiet room away from the elevators, which they provided, and gave me a top floor room to get away from the street noise. Looked after my bags during the day before my afternoon flight, and even provided an umbrella for that Melbourne weather! I found the position great - right across from the train station, which meant a 2 minute walk to the airport transfer bus ($17 one way rather than an expensive taxi ride). The CBD of Melbourne is so accessible by Tram, and is walking distance to Southwarf DFO and Harbour Town.
I also ordered breakfast to my room which was a little pricey but tasted pretty good!