Space Hotel. It's where Russell St becomes Lygon St, both busy restaurant strips and close to Queen Victoria Market and central city shopping.
I don't know the Space Hotel, however a friend of mine always stays at the YHA Central when in Melbourne and she swears by it. Despite my protestations that the area is a bit dodgy and the proximity to the railway lines would make it noisy, she insists that she has never had a problem staying there, the security is excellent and the rooms quiet. YHA is very close to Southbank, the river and the Casino. It's also round the corner from the nightclub strip if that's of interest to you.
Great thanks for your replies, it sounds like it will be the Space Hotel for me but ill do a little bit more research first as YHA does sound nice as well
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