We loved the central location of this loft, it is literally walking distance to many of the tourist spots of CBD, tram stations and restaurants.
We were surprised by the actual outlay of the loft although we were pre-warned by the host that there were a lot of steps involved (we were a family with 2 elders). One of the attic rooms is accessible only through the ceiling of the main bedroom via a ladder (trapdoor opening). The loft has a lot of character and is interesting. More suited to renters who are either closely related or have no privacy issues and are agile.
The drawback of this property is the size of the parking which has a fee. We had a rental 6 seater Kia Carnival. It took a lot of hair raising parking skills (reverse parking), with side mirrors closed and driver getting out from the back passenger door (you get the idea). It is more suited for a normal size sedan or if you have lousy parking skills like me, a small sedan.
The checking in procedures can be stressful if the safe boxes do not work as expected but it was fine when we checked out, so 50:50, depends on your luck.
The facilities are starting to show some wear and tear (one major ceiling light not working etc.) but nothing major. We stayed for 4 nights, one day the pipe burst downstairs but it was fixed by the time we got back in the evening. So, kudos to the host for the fast response.
This property is good value for money especially if you intend to spend most of your time away sightseeing.