Tattersalls Club met in the Australian Hotel at the corner of Queen and Albert Streets from 1883 until 1888 and then subsequently leased various premises as its clubrooms.

Erected at a cost of £41,000, with an additional £5,000 spent on fittings and furnishings, Tattersalls Club was opened on 28 July 1926 and provided billiard, card, reading and dining rooms for its members.

Sculptor Daphne Mayo executed the decorative plaster frieze entitled The Horse in Sport along the wall of the Queen Street entrance passageway.

Constructed by J Hutchinson and Son, to the designs of T R Hall and L B Phillips, these extensions contained a new Art Deco dining room and were opened on 27 June 1939.

The Members Dining Room features a 10.7-metre (35 ft) high ceiling, Queensland maple and silky oak, a mezzanine balcony, and murals created by local artists W Bustard, C H Lancaster, P Stanhope Hobday and Melville Haysom that depict the Australian landscape.

The Art Deco features of this stunning room includes several decorative windows, grooved plasterwork in the ceiling and striking marble columns.

A new Queen Street entrance was constructed, and incorporated a vaulted ceiling and the Daphne Mayo friezes from the original entry.

[1] The later Queen Street facade is in the Art Deco style and comprises three bays separated by giant order pilasters.

An ornate fibrous plaster vaulted ceiling supported on timber trusses spans the hall and the back wall contains another frieze by the Daphne Mayo.

The dining hall located on the upper floors of the Queen Street building has a 10.7-metre (35 ft) high ceiling and walls decorated in grey and white marble.

[1] The buildings are significant for the quality and intactness of the interiors on the upper levels, which incorporate Queensland materials and works by local artists.