This place was everything we hoped for and more. Perfect spot right on a really nice stretch of beach (away from the car parks, so hardly any people) - the view from the balcony is as good as you'll find in Melbourne, looking down to the Peninsula one way and can see the city looking the other way. The balcony was a perfect spot for kicking back and reading a book during the day and dinner and drinks in the evening.
Cannot fault this place -- amazing. Would highly recommend.