I have stayed here many times. I like the location, just outside of the CBD on St Kilda road, it is still easy to get into the city either by tram or walking. The walk is nice as there are several historic buildings as well as the botanical gardens along the way.
I love that there is a small kitchen with basic tools for cooking meals, as well as the washer and dryer which is one of the main reason I stay here when traveling.
The property could do with some updating, especially things like the elevators and common areas but overall not an issue that would stop me from staying.
Only other negative was that the restaurant that is attached to the hotel is closed now so you have to go out for breakfast, dinner etc, but if you buy groceries for a longer stay this is also not a major problem.