The location can't be beat. You walk down the hill one block and you're in the heart of Queenstown's restaurant and shopping area. It was easy to step out for meals or coffee, we would get some souvenir shopping done and drop off stuff before continuing, and we could walk to our pickup for our Milford Tour bus, to the Skyline Gondola, to the waterfront for a Go Orange speedboat. Staying anywhere else would have meant frequent car trips back and forth, circling around for parking, etc.
As for the property, it's a clean, well furnished and comfortable apartment/condo, situated on the second floor (in US parlance). It runs fairly small, like an efficiency apartment, which should work great if your primary goal is to use the place as a base to go out and about. The property seems updated, especially the bathroom was nicely renovated and had modern touches like a heater fan for colder nights. The larger bedroom is a good size but be forewarned that the other bedroom barely fits a bunk bed and has only a tiny bit of space to maneuver around the bed, so the only thing you will do in there is go to sleep.
The view sitting in the living room and from the veranda is magnificent, you see the city laid out, with the lake beyond and mountains in the distance. Can't beat having a morning cup of coffee with that view.
You'll want a car or Uber to get groceries, there's one a mile away (FreshChoice) but I highly recommend Pak'n'Save or Countdown which are about 5 miles away and have fresher good and wider selection.
Overall, it's a great value, unbeatable location and cozy & comfortable space to spend your time in Queenstown.