I just finished putting this together yesterday, and now it's $35 cheaper.
Collect coupon for 8% extra off to take it down to $211.52. It was free delivery with Prime for me.
I was suprised at how good the quality was on this bed, unlike wooden flatpacks, everything fit together perfectly and was very easy to tighten up really well with the included allen keys, it took about an hour to put together by myself.
It comes with 2x power points, USBC and USB A (which can be used to power the LED strip) in the bedhead, although the booklet indicated 11w max for the USB ports.
Now I still wouldn't suggest using this as your primary bed for a couple, it is a $200 bed made from cheap metal afterall (total weight 38kg) but for the spare room it will do the job, It seems more solid than those fantastic furniture low end plywood bendy slat beds.
It is quite low to the ground compared to our normal bed (Japanese Style?) so check the measurements before buying.
It's made in china so the same thing is on every marketplace out there, so one of those with a high cashback may be a better option, but prime delivery made it the cheapest for me.
NOTE: this item is shipped by Oikos 1943, not Amazon AU.
Rabbit hole of king bed frames on Amazon