Melissa Caddick's paper shredder goes under the hammer

A used paper shredder and a painting by Cuddles the elephant are among the hundreds of items once owned by fraudster Melissa Caddick that are about to go under the hammer.

The household objects are being auctioned as liquidators try to recoup as much money for investors as they can and include more artwork, gym equipment, skateboards and even champagne.

Caddick, 49, a self-styled financial adviser, is presumed dead after her decomposing foot washed up on a NSW beach in 2021.

She vanished in late 2020 after the corporations regulator raided her luxury home in Dover Heights Sydney's east.

The Australian Securities and Investments Commission had been probing her company, Maliver Pty Ltd, amid claims it was providing financial services without a licence and that its sole director had misappropriated funds.

Caddick stole about $23 million from investors, prompting a number of court actions to recover the missing funds.

On Thursday, online auction site Pickles listed 153 lots of Caddick's "household contents", which also included everyday things like a TV, DVDs, books, weights, games, tableware and household and office furniture.

Artworks, fashion and art themed coffee table books, scented candles, figurines and bottles of Ruinart champagne also feature.

Among the more unusual contents are a 54 inch "takedown" bow and arrow set, Takashi Murakami-themed skateboards and "Smokin' Token' Seidel Amusement Machine".

There's also an office-style paper shredder - "Used Item - May Have Marks, Scratches & Wear" - with a miminum bid of $7, and an intriguing blue and yellow painting by Cuddles the African elephant, starting at $29.

Cuddles, who had lived for 40 years at Taronga Western Plains Zoo in Dubbo, NSW, died in 2017.

The auction ends at 8pm on Monday.

In January, Caddick's Dover Heights home sold for $9.8 million. In December, an array of her jewellery was auctioned for more than $800,000, with a Canturi diamond and sapphire necklace going for $130,000.

Her luxury cars were sold at auction in February last year for more than $360,000.

Earlier this month, it was revealed more than 50 investors who lost money through Caddick's deception had teamed up to fight for their stake in her multimillion-dollar Sydney home.

Caddick had told her victims, who included friends and family, she would invest their cash but instead created false CommSec trading accounts and fake trading documents showing profits that never existed.

It was later determined she used the money to fund a lavish lifestyle.