At 5:15pm on Friday police attended a report of an armed robbery that took place at the entrance to the former Pink Beach Hotel in Smith's.

It appears that a construction site manager was turning into the property when two males on a motorcycle stopped him in his car and pointed what appeared to be a firearm and made demands of cash.

The victim stated that he had no cash resulting in one of the suspects snatching his chain. Both males then made good their escape on a motorcycle.

The suspects are described as two thin framed light complexioned males, wearing full face helmets, with dark tinted visors - one wearing a red hoodie and the other male wearing all black. Both were between 5'7" and 5'9" tall.

Early indicators suggest this was a targeted attack. Police are appealing for witnesses or anyone with anyone information to contact police on 295-0011 or the confidential Crime Stoppers hotline on 800-8477.