There is a good description of the history and walking options in David Leaman's book "Walk Into History in Southern Tasmania" on pages 169 to 172, titled "Walk 42: Through Paradise"-

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This book was available from Fullers Bookshop in Hobart, and is well worth getting for the great information on walks in the Hobart region. He also covers the issues of access through private property where necessary. I have walked the section of convict road below the dam and explored the ruins of the settlement, and its is a fascinating piece of convict history. This section of the road is not on private property, but to connect to the section of road above the dam, a traverse to the north through private property is necessary, and permission should be sought. I believe the Hobart Walking Club walks this route on a regular basis and would have details of the property owners that need to be contacted.