IT DOESN’T have water views, and it’s not even in Sydney.

But this one-bedroom Melbourne apartment has just hit the market for a staggering $1.8 million.

If its sale meets expectations, it will be the most expensive flat to change hands in Melbourne’s history — for a sum that could buy you a three-bedroom family home in the affluent bayside suburb of Brighton.

Melbourne, it’s come to this: One bedroom for $1.8 million.

Melbourne, it’s come to this: One bedroom for $1.8 million.Source:Supplied

The apartment measures 104 square metres.

The apartment measures 104 square metres.Source:Supplied

The 104-square-metre apartment is in the prestigious block of 88 units at 150 Clarendon St, in the leafy inner-city suburb of East Melbourne.

The 88-level building faces the picturesque Fitzroy Gardens and is favoured by celebrities, business leader and medical professionals.

The kitchen boasts Miele appliances and marble benchtops.

The kitchen boasts Miele appliances and marble benchtops.Source:Supplied

A combined kitchen and dining room makes the most of the space.

A combined kitchen and dining room makes the most of the space.Source:Supplied

Comedian Mick Molloy is among entertainment personalities to have lived at 150 Clarendon St, owning a flat there until 2014 when he sold it for a reported $3 million.

While the apartment is far from spacious, with a sliding door to the bedroom the only thing distinguishing it from a studio apartment, living in the building does come with its perks.

Amenities include a 25m inside pool, gym, a sauna, residents’ lounge, a private movie theatre, wine tasting room, conference room, car wash and 24-hour concierge.

The lobby is designed to give an impression of opulence.

The lobby is designed to give an impression of opulence.Source:Supplied

Residents have access to this private movie theatre.

Residents have access to this private movie theatre.Source:Supplied

The foyer is decorated in a grand, palatial style, with the listing comparing the apartment to one located across from Manhattan’s Central Park or London’s Hyde Park.

Apartment 105 boasts “stunning hardwood floors and marble features throughout”, with Miele appliances and “a spacious and stylish bathroom”, the listing said, and comes with a secure car parking space.

There’s a lap pool ...

There’s a lap pool …Source:Supplied

... And views of the city through the adjacent Fitzroy Gardens.

… And views of the city through the adjacent Fitzroy Gardens.Source:Supplied