The location was perfect for our needs, only 5 minutes walk to Spark Arena and 10 minutes to the restaurants in Parnell. We only stayed the one night but it had all the facilities we needed. The listing did mention train noise but we weren't quite expecting it to be as loud as it was as you are effectively next to, and at the same level as the tracks and near to a station. If you can cope with this then I would highly recommend it.