Police were called to a car park at Hope Island on Monday afternoon following reports a man had been seriously assaulted.

Paramedics treated the man for life-threatening injuries, including a chest wound, but he died at the scene.

The 23-year-old Redbank Plains man was arrested about 5.30pm on Monday and later charged with murder.

He is expected to appear at Southport Magistrates Court later on Tuesday.

A 23-year-old Surfers Paradise man has also been arrested.

Police said both men were known to the victim.