Pro's: The location is central. It's very close to Darling Harbour and the wharf. It's a bustling neighborhood, lots of shops and restaurants and easy to walk to the train stations. The apartment is clean, has a comfortable bed and the washer and dryer were great for us! (Laundry detergent provided).
Con's: the biggest challenge for us is that the space states it has air conditioning, but when we were there it wasn't working. The host was kind enough to bring over a portable air conditioning unit, but in order to use it you have to have an open window, and on a busy city street that wasn't possible due to noise level. There were 2 fans in the apartment we moved into the bedroom which helped some. But, being there in the start of summer wasn't the most comfortable for us.