In the former Water Board building, this slick conversion has magnificent lobby space with red pillars and glorious art deco details. There's space to spare here, with wide corridors and ample, commodious rooms; excellent service is a noteworthy feature. Though the pool itself is tiny, the deck surrounding it is a fabulous spot; the bar here is open to the public.
Rooms are often very good value for Sydney. The lobby restaurant, the Wilmot, is of very decent quality. Free 45-minute heritage tours of the building run at 4.30pm on Saturdays from the concierge's desk.