A shirtless man armed with a hunting bow who went on a wild rampage and fired arrows at a construction crew in broad daylight has been arrested.

Police were called to Carrington Road, Randwick in Sydney's eastern suburbs about 12pm on Thursday after they received reports of a man wielding a bow and arrow.

The 47-year-old man emerged from a house on the busy road about midday armed with the bow in one hand and a beer in the other, 9News reported.

A shirtless man armed with a hunting bow (pictured) has been arrested after he went on a wild rampage and fired arrows at a construction crew in broad daylight

Footage of the man shows him allegedly take aim with the high-powered firearm and shoot at a range of targets on the street, including a mobile crane and fence.

In the video, the man is first allegedly seen firing arrows in the direction of a street sign, and laughter can be heard in the background.

The 47-year-old then brazenly turns towards a building site on the other side of the road and begins crossing the street, hurling abuse at construction workers.

'You're s------- yourself hey. You f------ ----. You're ---- s---- yourself,' he said.

One of the construction workers is then heard saying: 'Oi, don't shoot it bro'.

Witness Lyall Maloney told 9 News he first thought the man's strange behaviour was a joke, but he then realised it was all ego-driven.

After taking a few shots, the man brazenly turned towards a building site (pictured) on the other side of the road and began hurling abuse at construction workers

'At the beginning he was really really angry and then afterwards he was just like, being a hero like it was just ego,' Mr Maloney said.

When police finally arrived on the scene a short time later, the 47-year-old was arrested and taken to Maroubra Police Station for questioning.

Officers also seized the compound bow and a number of other items.

While no one was hurt in the incident, police are urging anyone with information or footage to come forward.

Police investigations are still underway.