An extremely cozy, stylish space in a great location. The cafe downstairs is fantastic and it's right by the river if you like some good river-walking.
The kitchen facilities are relatively limited so don't expect to be making any large meals in there, but besides an oven it has all the basics for making small meals and snacks, and is fine if you plan to be out and about in Melbourne anyway. In general, trust every great review of this place because it is super great.