This is a nice little apartment to stay in, particularly if you are going to be traveling to the University or Sandy Bay. The street is a no through road so it is very quiet at night. There is a pedestrian access at the bottom of the street that makes it easy to walk to Sandy Bay.
The fit out of the apartment is modern and has all the amenities that you would need for a short stay. There are two large beds that could probably sleep up to 4 people, which makes this a good place to have as a 'base camp' for exploring the sites of Hobart. The apartment is small so don't plan on staying indoors all day with your three mates.