I read less than complimentary reviews elsewhere and was a bit apprehensive about this place, but went for it anyway as we were on a budget and I wanted the ability to prepare my own food. It turned out to be fine. Sure, if you're expecting a luxury hotel, it isn't that. It's basically one room with comfortable bed(s) (we had a twin room), a sofa and table, a smallish TV, and a kitchen unit with utensils, cutlery and crockery. It has a kettle, a microwave and a single plug-in hob. It doesn't have a cooker, though, so you won't be fully self-catering. We made breakfast there, took sandwiches for lunch when I could be bothered to make them, and except for a couple of nights when I cooked meat pies and spuds, we ate dinner in restaurants. Those more adept/enthusiastic at cooking could do a lot more there, of course. We were there for 11 days.
Towels are changed once a week. Half way through the week I just added them to our laundry. There's a laundry room in the basement with washers and dryers. No powder or change (though if you're lucky someone will have left powder). Cleaning is also done once a week. This isn't a hotel.
It's 10 minutes from the beach, but we went in winter so our attention was on more cultural pursuits. Personally, I find the whole Bondi area pretty depressing, so apart from the first day when we walked to the beach and the second to last day when we did the Bondi-Clovelly walk (wonderful!!), we spent our time in the CIty. But that was convenient enough. The 389 bus stops right outside (both ways) and it's a half hour trip to Circular Quay. If you have to commute you'd probably get fed up with it, but on holiday it's part of the experience. You can buy daily or weekly prepaid tickets in the shop opposite the apartments (very friendly guy there! But avoid the Bondi Mini Supermarket up the road - the guy is as friendly as death).
I would go back there.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC