Police established a 100 metre exclusion zone around Trickett Street, in the heart of Surfers Paradise, about 1pm after a man reportedly claimed to have molotov cocktails in his car.

The police bomb squad was called to the scene and an officer in protective closing inspected a paper bag.

Officers also searched the man's white Toyota Yaris, which was parked on the side of the road, for explosives.

The street was reopened once the bomb squad declared the area safe shortly after 2pm.

The man has been taken into custody for questioning.

Investigations are continuning.

Anyone with information is asked to contact Crime Stoppers on 1800 333 000.