A great value, unique experience if you want to stay in Queenstown.
I would recommend getting into town before 5 so you can pick up essentials from the shops and get some dinner before the town seems to close down at 7:30pm!
Central location to take a day trip on the West Coast Wilderness Railway, and not too far for a drive to Stahan for a river cruise. Also check out the lookout on the hill and the gravel football oval!