Complex sentence: It was originally a plot of land issued to Patrick Farmer 1840, and after various uses and before Forrest Place was constructed an arcade between Wellington and Murray Streets existed on the site and was known as "Central Arcade".
Split into simpler sentences: It was originally a plot of land issued to Patrick Farmer 1840. Prior to Forrest Place's construction, an arcade between Wellington and Murray Streets existed on the site and was known as "Central Arcade".