Converted 1910 warehouse apartment in Chippendale Mews listed

A two-bedroom converted-warehouse-apartment in Chippendale is on the market with a $650,000-plus price guide.

The Shepherd Street apartment includes industrial features such as exposed brick and beams, concrete floors and three-metre high ceilings.

The 1910 property is in a block of 14 and has use of a large shared rooftop.

The apartment last sold in 2004 for $475,000.

The block's last sale was a 78 square metre apartment for $650,000 in early 2012.

Two-bedroom apartments in the complex are currently rented out for $750 and $800 per week, offering a potential rental yield of around 6.2%.

The property will go under the hammer on July 6 through Nicholas Gill and Ivan Bresic of Bresicwhitney Estate Agents.

The median unit price in Chippendale is $524,000, according to RP Data.