Cost wise, this place is perfect, since it is a hostel and not a hotel. For an accommodation option in the city center, it cannot get much better. The reception is quite friendly too and you will see a lot of youth working and living there, which adds to the lively atmosphere. You can also explore downtown Christchurch on foot. Parking is also available at the back of the hostel. Only downside is no meals included in the room rate. They must start dining options, since downtown Christchurch shuts down post 5-6pm.