Peter place is perfectly situated in the quiet area west of Amsterdam Centrum Station. The Tram is just 1min walk taking you to centrum, however, once you've got a GVB ticket with the duration option, available in most newsagents, airport and on the Tram, you can use the Tram, Bus and Metro to go virtually anywhere in the centrum and further afield. If you want a quick drink there's a bar just around the corner to the left, with big Heineken signs outside. A superb place to eat, drink and view the area with the option of the 1st floor panoramic views, is the restaurant/cafe 'II Panorama', this place is just a 3 min walk and has a great choice of beer and food which is reasonably priced. If you're looking for an area where there's the hight of activity, I'd suggest the area around 'Rembrandt Monument', here you'll find an abundance bars, restaurants and of course, I can't exclude the 'Coffeeshops' !!!. I really hope you have a great time in Amsterdam, I did :)