I have stayed in this hotel/serviced apartment for several weeks. I think this is a budgetary accommodation suitable to business trip / stay with longer duration, as discounted rates are usually offered for longer stays. The location is great, as full of restaurants with good recommendations and many bars and pubs that are full of people throughout the whole day, especially on weekend. You can grab food and groceries easily from one of the 4 nearby sizable supermarkets (Coles, Woolworths & Harris Farm). There are a few 24 hours operated convenient stores and McDonald's. It's also close to the Kings Cross Station. If you like walking like me, walk to the city, Botanic Garden, Centential Park etc are all good to do on weekend (within 30 to 45 mins can do). Besides, just 2 train stations away is a big shopping mall, Westfield @ Bondi Junction. Just jump onto a bus on the Oxford Street and it is pretty easy to arrive the famous Bondi Beach and Coogee Beach. My favorite activity on Saturday morning was to go to the Kings Cross Organic Market which is just 3 min walk from the hotel, and to have my breakfast and coffee from one of the food stalls.
The staff are very attentive, especially Susan had been very helpful throughout my stay. All and all, I can't see any disadvantage of staying in the Macleay and I definitely believe you would enjoy staying there.