If you need to be in the University of NSW area, like I did, then this is a perfect location, as it is only an 8-minute walk to UNSW.
Parallel to the street where this property is located runs Anzac Parade a street with a pub (The Regent), IGA, bottleshop and many restaurants, mainly Asian cuisine.
An Uber ($20) or taxi ($30) takes you to/from the airport in about 14 minutes.
The place has 2 bedrooms, each with their own bathroom, so it's perfect for sharing with a friend, even if you and your friend are not THAT close.
Perfectly clean too.
The only drawback is that at the time of writing, there were zero kitchen supplies, no glasses, no pictures on the wall and no coat hangers in the wardrobes.
The lack of these made the place a little stark.