My Toyo 45A (30,5 cm of bellows) focuses up to 120 cm with a 240 mm apo-ronar. At its shortest focussing distance it covers an area of about 25 x 32 cm. I also have a 360 mm tele-xenar, that focuses up to 210 cm. At this distance it covers an area a little over 28 x 35 cm.
My estimation is that the 240 mm is to long to use as an enlarger lens if you have a max. bellows extention of about 300 mm, at least if you want to print smaller than 24 x 30 cm. As for a taking lens, next to a 203 mm, i would look for a telephoto design. My 360 tele-xenar has a Fl focus length of about 210 mm and suits me very well in addtion to my 240 mm.