Masked men with hammers storm jewellery store inside Melbourne shopping centre

Four armed men have raided a jewellery store at a shopping centre in Melbourne’s south-east.

Police said the offenders entered the store inside Waverley Gardens Shopping Centre in Mulgrave just before midday.

Video obtained by 9NEWS shows the men attempting to smash the window of the JK Collections jewellery store as security alarms ring out and witnesses scream. 

They used hammers and an axe to smash glass inside the store, before fleeing in a vehicle.

“I saw (the offenders) with axes trying to get into (the store)…They couldn’t so they used a railing instead,” witness Shardia Goldie told 9NEWS.

“When people approached, they threatened them with an axe…that’s when we all ran into the other store,” Ms Goldie said.

No one was injured incident, however the female store owner has reportedly been left shaken by the ordeal.

The centre is now open after earlier being locked down, a Waverley Gardens Shopping Centre spokeswoman told 9news.com.au. 

Investigations are ongoing. 

The robbery is the latest in a series of armed raids at jewellery stores across the city.