Hotel Waterloo & Backpackers
Formerly known as Downtown Backpackers, Hotel Waterloo & Backpackers is a budget-friendly hostel with a colourful history. In its past life, the art deco building was home to one of the capital’s finest hotels. These days, the backpacker hostel continues to make the most of its convenient location — there’s even a cafe on-site to keep its guests well-fed. Choose between private rooms or shared dorms. The hostel also offers special rates for those travelling in groups.