A man has had his rental car stolen at knife-point in Surfers Paradise this morning.
The 25-year-old was sitting in the Nissan XTrail at the corner of Sunset Boulevard and Peninsula Drive around 3am, when a stolen 2005 Mitsubishi Magna pulled up in front of him.
One of the four men inside got out and hopped into the man's vehicle, threatened him with a knife and ordered him out of the car.
A second man then took the victim's car-keys, iPhone and watch, before the two men took off in his vehicle.
The victim was not hurt during the incident.