I walk pass there everyday as a local. It's great if you have energy and money to burn but otherwise it can be a little drag during the night time. Varieties of bars and nightclubs catered for different tastes. Not many live music venues though.
Lots of bars and restaurants. It is a happening place on Friday and Saturday nights. A highlight is the Embassy Theatre where they had the world premiere of Lord of the Rings: The Return of the King and it is a working art deco cinema.