PROS: great location (within The Ultimo Hotel), close to eateries, shopping and transport, easy parking next door at Novotel ($25/day) and easy check-in. Although the Eastern European (?) lady with red hair at check-in seemed very clueless and could use re-training. The French lady in the evening was fine.
CONS: the aircon/heater was not working and was very stuffy in the room without the windows being open. You will need to close them on busy wkend or nights as it can be noisy on the street outside. The hotel staff said it was controlled via the vertical air system downstairs and they could not fix it. Cleanliness needs to be improved - someone's beanie was left on the floor and obviously didnt vacuum the place. Instant eww factor. Bars of soap for handwashing would be nice.
We booked a separate room directly through The Ultimo Hotel and it was much nicer (cleaner) and had a working aircon!
I would stay in the same hotel, but would book directly and definitely not this unit until they fix the aircon/cleaners.