A real nice small hotel, only 3 stories tall and quite simple rooms. We had a group of us stay for around $20 AUD a night each. The rooms were older, but they were still clean and comfortable. The rooms contained the usual, few beds, bathroom, fridge, tv,etc.
The room had a real nice views as the hotel is situated accross from the radio tower and the water surrounding it.
It was quite central to the shops and facilities, and taxis are even cheaper than Beijing. Our main problem was conversing with the staff as none spoke english and made it very difficult to check in and to sort out the price. But after the initial check in debarcle, we got along fine.