 Waterfall Gully was also the site of Burnside 's " first secondary industry " . In the late 1830s , Thomas Cain built a <unk> on First Creek for John Cannan , which was then employed to power a sawmill on Cannan 's property . Cannan operated the mill as the " <unk> Mill " for approximately two years before selling the venture to a Mr. Finniss . Finniss opted to run the mill as a flour mill instead , and the mill was rebuilt and renamed " <unk> Mill " . The mill continued to operate under a variety of owners until the late 1850s , but it was dismantled during the 1880s , and today only traces of the earthworks remain . 
