Police have tracked down a man wanted for allegedly holding up two Gold Coast stores with a hammer.

The man is accused of entering a convenience store on Mildura Drive in Helensvale around 5.45pm on Sunday, threatening a 30-year-old male employee with a hammer.

The man fled with a sum of cash, while the worker was not injured.

Around 6.35pm, the same man is alleged to have entered a cake store on Cottonwood Place and Oxenford, threatening a 39-year-old male employee with a hammer.

The man fled with a sum of cash on a dark-coloured moped.

Detectives located the Honda moped belonging to a 20-year-old man at an address in Oxenford on Tuesday.

A claw hammer was also allegedly located in a storage compartment under the seat.

Advertisement
Advertisement

Officers executed a search warrant at another Oxenford address on Wednesday, arresting a 20-year-old man.

He was charged with two counts of armed robbery and fronted Southport Magistrates Court on Thursday.

The man was refused bail, with his matter adjourned until March 26.

Get more from Moyra & Big Trev