Looks like a good starting point, shame it hasn't got the original motor although there are lots on the forum with Holden or other non-original motors including me.
Has the front crossmember been cut to fit the motor ? There have been some dodgy installs over the years and modifications to the chassis can cause problems. Radiator looks original though.
A lot of us have been where you're about to go so worthwhile checking out some of the build threads.
Here's my Series III shorty which has been ongoing for far too many years. Isuzu C240 powered Series 3
Some of the pictures are missing thanks to Photobucket (but I have still have them) so ask if you need help.
Best of luck,
Colin
'56 Series 1 with homemade welder
'65 Series IIa Dormobile
'70 SIIa GS
'76 SIII 88" (Isuzu C240)
'81 SIII FFR
'95 Defender Tanami
'58 Series II (sold)
Motorcycles :-
Vincent Rapide, Panther M100, Norton BIG4, Electra & Navigator, Matchless G80C
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