We really enjoyed our three nights in Arrowtown. The place is exactly as described and spotlessly clean. It has everything you need to prepare a breakfast. Even though there are no supplies to cook, you would not need those anyway as there are too many great restaurants around.
Arrowtown itself is quite nice to spend your time at and you can even walk to all the restaurants. It also has the cutest little cinema, if you like going to the movies we highly recommend going there. Queenstown is also just a short drive away if you are looking for more action. We however enjoyed only going there for the day and having the quiet setting with great views to sleep and eat.
Mick and Holly are great hosts. They are very welcoming and we felt like staying at a friends place. They seem to know not just Arrowtown but the whole area by heart and gave great suggestions on what to do and where to go. That was great as it is always nice to have a local tell you which restaurant is good rather than the internet.