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The Terrace is a good little north facing area high on the hillside overlooking the next valley north of The Gully.
To get there park and cross the paddock as for the Gully. Instead of heading up the valley, head left and up the hill to find a gap in the small cliffs. Head straight up the hill until you can see into the next valley. Then turn right and walk along the ridge (east) until you find the boulders. The boulders are described roughly west to east, as you come to them.
Ethic inherited from Elderslie Bouldering
Most of the bouldering in this area is on relatively soft sandstone. This can, in case of recent rain or general dampness, lead to easy breaking of holds. Hence when climbing in this area on a wet or damp day, be careful not to break any important holds.