Amazing view. One side, you get the beach/sunset, and another side the CBD. It is the only high rise around this side of South Melbourne, and a very stylish and recognizable design (saying this coming from Singapore!).
Less than 2km, walkable from CBD - closest free tram station is batman park, I think, right after crossing the Yarra River. If you don't mind the chilly wind though.
The host is nice and professional, no complaints there.
The space is okay, but your room is small. That is properly shown in the pictures.