The holiday season just got a lot more exciting with an unexpected opportunity for savvy shoppers.

What started as a routine event quickly turned into one of the biggest sales of the year.

As a well-known brand winds down its operations in Australia, thousands of brand-new items are now up for grabs – and you won't believe how low the prices are.

Looking for last-minute Christmas gifts? A massive clearance auction featuring premium toys and furniture, valued at over $800,000, kicked off with items starting from just $1.

KidKraft, the renowned American toy company, closed its Australian warehouse and will auction off thousands of items on 21 December.

Massive clearance auction: Premium toys from $1. Image source: Pexel/Alexander Hamby

The online auction, accessible to buyers in Brisbane, Sydney, Melbourne, and the Gold Coast, showcased brand-new KidKraft products at unbeatable clearance prices.

Managed by Lloyds Auctions, the auction will offer products available for pickup at Lloyds locations in Melbourne, Sydney, and southeast Queensland.

‘This is a one-off opportunity for Australians to grab KidKraft’s beloved products at prices you’d never see in stores,’ said Lloyds Auctions chief operations officer Lee Hames.

‘All items are brand-new and perfect for last-minute Christmas gifts. There are more than 4,200 premium items going under the hammer, providing families the chance to own these products at a fraction of the retail price.’

Founded over 50 years ago in the United States, KidKraft is known for its high-quality toys, including play kitchens, dollhouses, and outdoor playsets.

The company’s warehouse closure in Australia followed its filing for Chapter 11 bankruptcy in the United States in May 2024.

In a previous story, we uncovered the hidden dangers of certain toys that many parents don't even think twice about.

Find out how an Aussie mum's shocking cautionary tale will leave you questioning your next purchase. Read the full story here.

Key Takeaways

• A major clearance auction, featuring over $800,000 worth of premium toys and furniture, kicked off with items starting at just $1.
• KidKraft, the well-known American toy brand, is auctioning off thousands of brand-new products after closing its Australian warehouse.
• The online auction, accessible from Brisbane, Sydney, Melbourne, and the Gold Coast, offers items for pickup at Lloyds Auctions locations in southeast Queensland, Melbourne, and Sydney.
• Over 4,200 items, including popular toys like play kitchens and dollhouses, are available at clearance prices, with the sale stemming from KidKraft’s filing for Chapter 11 bankruptcy in the US.

Do you think you'll be adding any of these toys to your Christmas list, or have you already found the perfect gift? Let us know your thoughts in the comments!

 

[Luckyus]

No details other an online auction.

 

[BruceC]

$1 price.
It is an Auction according to your story.
How can you then say $1.
$1 will be the opening bid price.
once again a “click bait” headline with no substance!

 

[Littleboy8]

$1 price.
It is an Auction according to your story.
How can you then say $1.
$1 will be the opening bid price.
once again a “click bait” headline with no substance!

It does say “starting” at $1.00 where’s the “click bait” in that

 

[mOiOz]

$1 price.
It is an Auction according to your story.
How can you then say $1.
$1 will be the opening bid price.
once again a “click bait” headline with no substance!

Agree, very deceptive!!!!
Learn the bloody difference between Selling FOR $1 and Auctioning FROM $1...

 

[DLHM]

Auction only open to select areas.

Then the “items for pickup at Lloyds Auctions locations in southeast Queensland, Melbourne, and Sydney.”