This is a picture of a boxed balsawood jeep kit held by the Australian War Memorial. The information below comes from the website.
Description: Boxed balsawood kit of a Jeep. Box obverse is illustrated in two colours with a PT boat and a jeep with the legend ‘MODEL CRAFT’. The sides are illustrated with patrol craft and trucks, accompanied by the legend ‘Manufactured by Model Aircrafts 1 Bond St Sydney’. Reverse is printed in red and blue with a listing of the other model kits available. Contents consist of a thin printed balsa sheet and smaller plain sheet and six long stringers, all wrapped in the plans for the kit. The instructions are damaged.
Summary: Little is known of Model Aircrafts Ltd. A Sydney-based company established in 1928 and operating from premises at 1 Bond St, Sydney, they manufactured a series of boxed balsawood aircraft, truck and ship kits. The evidence of their production is based on their wartime output, which is imaginative and extensive – and includes contemporary subjects such as the Mitsubishi Zero and the Hawker Hurricane – but extremely basic and evidently restricted by Australia’s wartime austerity drive and materials rationing. Thus, wartime contents for aircraft frequently provide merely a simple block of balsa and a 2.5 cm square of sandpaper with instructions to ‘shape fuselage according to the illustration’. Wartime plans are often signed ‘J Mercer’.
I’ve read that since there were shortages of materials during WW2 there were a lot of wooden toys available. This certainly falls under that catagory.
Imagine how a young kid today would react if he only got something like this for a present…