This rugged outcrop of granite at the south-east corner of the Eldorado township is home to a monument honouring farrier Edwin Baldwin who died while serving in the Boer War.

The original memorial plaque is on the northern face of the monument with a new brass plaque, supplied by the RSL in 2004, on the western face. The missing upper section of the monument is thought to have been brought down by lightning.

Walk from the museum in the centre of town to a laneway heading to the base of Monument Hill. A short but steep walk to the lookout offers a spectacular vantage point over the town and surrounding Chiltern Mt-Pilot National Park.

The walk is 18 minutes return, Grade 3, on an unformed track.