Sports and fitness enthusiasts have the chance to snap up a bargain purchase as millions of dollars worth of recreational equipment heads to auction in three Australian cities.

One of the country’s leading suppliers of sporting hardware, T&R Sports, has entered liquidation, sparking a massive auction event.

Lloyds Auctions is handling the liquidation of the company’s entire inventory, which includes high quality sporting goods, leisure equipment and gym supplies.

There are more than 10,000 lots that need to be cleared in less than 30 days.

All items are unreserved and starting from just $1, with items spread across three giant warehouses in Brisbane, Sydney and Melbourne.

Lloyds Auctions says they are bargains to be had over the next weeks.

“This is the shortest time frame Lloyds have ever had to liquidate this amount of goods so buyers can expect up to 80 per cent off Recommended Retail Price RRP,” said chief operating officer Lee Hames.

All items are brand new or display showroom models.

They include air hockey tables, ping pong tables, electric scooters, electric bikes, trampolines, exercise equipment, furniture and Pilates reformers.

“With the festive season just around the corner, this event provides Australians with a rare opportunity to capitalise on incredible deals while helping to clear these massive inventories,” said Hames.

“The short 30-day sale window and all items starting at $1 with no reserves ensures that all inventory is cleared ahead of Christmas.”

The first auctions will begin closing from next Tuesday and they will continue to close through to next month.

All auctions are pick up only. Collection is the responsibility of the purchaser.