Besides the proximity of Table Mountain being fantastic, this area of Cape Town, Vredehoek, has gorgeous views of the city, harbour, and Table Bay. As I'm sure you can imagine, this particular spot in Cape Town is highly sought after, making it impossible for most to afford a home here.
However, there's another price to pay for living in this area - and that would be the wind. When it's a beautiful day, it's awesome, but around this time of the year every now and again the wind howls like a troupe of irate banshees, leaving the only means to a peaceful night's sleep a comfy pair of earplugs! :)