For me it was about finding the best way to maximize Milford Sound; I did a trip from here and stayed the night before and the night after so I could devote a full day to the tour and not have to drive back while tired or take a four hour bus ride. It worked out pretty well.
The house is walkable to the businesses in town. I thoroughly availed myself of toast and jam for breakfast seeing limited options among those businesses. It was a quiet residential area with a breeze blowing in off the lake. I think I was better off staying here than in Queenstown or in a hostel.