BRISBANE, Queensland, Feb. 15 -- Queensland Police Service issued the following media release:

Police have arrested a 43-year-old Paradise Point man following investigations into an armed robbery of a 52-year-old man at Broadbeach, yesterday evening, February 14.

Police will allege that just after 9:00pm the man approached the victim in the vicinity of Main Place and produced a weapon, demanded the victim's property, and allegedly assaulted the victim at the same time of making these demands.

As a result, the man has obtained the victims property and was last seen on foot walking towards Queensland Avenue.

Police have been notified shortly after the incident and have conducted patrols in the area, resulting in the offender being identi...