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This former convent offers smart budget accommodations—and something a little more upmarket—a short tram ride from the city center, close to the restaurant and nightlife of Brunswick and Lygon streets in nearby Carlton. The informal, friendly 1860s main building has high ceilings, handmade light fittings, polished floorboards, marble fireplaces, and a hand-turned staircase. There’s also a clever and rather irreverent play on its past in the decor. It’s well suited to couples and families. The Guesthouse next door, built in the early 1900s, is also comfy, stylish, and decorated with tasteful furnishings and artwork. All rooms share bathrooms. The Nunnery, former home of the Daughters of Charity, also houses dorm rooms that have four, eight, or twelve beds. There are no elevators.