It is located in the Perth central business district at 8–10 The Esplanade, and sits along the south-western side of Sherwood Court.

The construction of the building in the 1930s was well documented.

[1][2][3][4] The building was constructed for the Atlas Assurance Company, in an Inter-War Free Classical style, with an art-deco entrance and elevator.

[5] It has historical significance both architecturally and as one of few commercial developments in Perth constructed during the depression years.

[6][7] In addition to Atlas, occupants of the building have included:[8] The Museum of Perth is located within the Atlas Building.