We stayed one night here and it was fantastic; spotlessly clean, modern, quiet, safe, with absolutely everything you need.
It is a purpose built block of four studios/apartments with their own private off street parking. All units look out at the front towards the lake. It is set in a nice quiet residential neighbourhood, 3 mins drive from town or a short and lovely 10-15 minute lakeside walk.
Te Anau itself is great with lots of lovely places to eat and drink. We had lunch at the Sandfly Cafe which was fantastic and then went up to Milford Sound.
Would definitely stay again if I was in the area.