[Morbo the Destroyer]

For $270 American, it seems like you can't go too far wrong with it. Does it run? Does everything work, especially the lights (tail/stop/turn/headlight), and brakes? It looks like some effort to clean and polish it might make it look good (although that seat would have to go). A can of black high-temp spray paint would fix up the exhaust nicely.

Even if you doubled your investment with new tires, oil, and filters, it still would be an ok deal. If you get a year of riding out of it, you're way ahead.