On first look there are some things that concern me about as much as they interest me, the rear end and the front forks/wheels for a start, the tank should have been glass as well as the seat section if it was set up for Dt/TT. It just has a feel that its a frame thats been added too, the carpets dont seem to match the curtains so to speak.
I'D love to see some better pics of the detail areas
Is it oil in frame ? does the exhaust exit propally or does it look like it should be a for a twin and had the arse modified. a lot of the periperals, even pegs seem to be added in AU, it just doest have the US set up i would expect to see even for a TT, it may have been a frame sent out, then built up over time in AU, or had the bits removed and added to over time, specially if it was tracked here and they put on stuff that they thought worked for them when they raced or rode it.
My gut feel if you was to ask me 'its value' id say its just what its worth, its good points are balanced out by its bad, i cant see anythink special there to make me want to pay more that an average TT bike, unless of course there is somthing else to pick up i the frame detail. its just the rest off it dont feel right, so as far as paying for the value in the set up, you would be working from a Au set up price, cause i think thats were its at, at the moment.
Really needs more info and pics to get to a value for anything above normal. if you can find out the rest rthen you may be able to add up the Dollars you would put ontop of a special bike, be it provinence or setup, but you really need to have that to be able to take it to the next level of pricing. What are the stamps on the frame.
Interesting bike all the same.