Good car for someone looking for a B234F conversion, though the damage does look fixable with moderate effort.
If you were thinking of fixing it up, I'd suggest measuring the chassis to ensure it has not been knocked out of square.
https://www.carsales.com.au/cars/details/Volvo-740-1989/SSE-AD-5278107/?ret=search-alert&utm_source=internal-carsales-notification-centre-search-alert&utm_medium=email