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For lack of a better term, I am calling the piece that the suspension arm and strut rod attaches to -- the rear suspension bracket (RSB).
The inner bolt hole (that is missing the bolt) appears to be quite elongated. From the picture, I am assuming that both layers of the RSB are elongated and the circular hole is part of the frame.
A possible solution would be to remove the RSB, then have a stud welded into the frame hole. Variations on the theme: Instead of removing the RSB, you might be able to loosen the entire RSB in order to center the frame hole and the elongated RSB hole and then try to weld a stud into the frame; or drill through the RSB, weld a stud to the frame and use a large washer.
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