"this atm is far away" should be accepted also
it is accepted now.
If the ATM is far from the speaker, shouldn't it be "that ATM" rather than "this ATM"?
How can "this" cash machine be far away. "This" more than implies a close proximity
If you are pointing at a location on a map, then it could make sense.
"this atm is far" should also be accepted, far and far away are practically the same thing