Complex sentence: Timlin agreed and took out a three year lease for $100 a week (3) on the property built in 1912 that had originally served as a livery, rumoured to have been a brothel, a German Club, a boxing ring and a dance hall.
Split into simpler sentences: Timlin agreed and took out a three year lease on the property for $100 a week (3). The existing structure on the property was built in 1912 to originally serve as a livery, since that time it was rumoured to have been a brothel, a German Club, a boxing ring and a dance hall.