Man stabbed in the back at Coast unit block

Police are hunting for a man after another man was stabbed in the back at a Gold Coast unit complex.

Police and paramedics were called to the units on the corner of Marine and Imperial parades at 6.35pm last night where a man in his 20s had been wounded in the back.

A second man is on the run.

It is understood both men were known to each other.

He was taken to the Gold Coast University Hospital in a serious but stable condition by Critical Care and High Acuity Response Unit paramedics.

Police investigations are continuing.