Pros:
-Checking in was painless, and the girl at the desk gave me a map, as well as a quick run-through of what to see and do in Tekapo
-Bed is comfortable
-Room is clean, sunny, and has a nice view of the Hostel's backyard
-Good water pressure
-Only a 5 minutes walk from the lake and the center of town

Cons:
-Room is a bit small, and the bed takes up most of the interior space
-Thin walls allow you to hear noise from adjoining rooms
-Shower toiletries (i.e. shampoo and soap) were not provided

Overall, I enjoyed my stay and recommend this place to other travelers who are looking for a good, no-frills place in Tekapo.