Found this site today: http://www.chinesestoriesplatform.com It is free and do have many short texts in various grades with audio available, all major words in separate lists with example sentences etc. Over all it seems to be a nice site for some reading practice.It is operated by a Chinese teacher so the quality should be good on the material. From what I have read until now it really seems so. Texts are available in simplified, traditional or pinyin. Could be something for us that do need more reading practice that suits our level. The sounds files is actually nice to listen to as well since it gives good listening practice.

感谢 - 这个网站看起来很有用！

Thanks for the share. I look forward to checking it out.

Not bad! Although the audio isn't of the greatest quality and sounds a bit raspy, it's still free.

Thanks.

I like the kids audio books on ios.
They have some Japanese ones as well

http://itunes.apple.com/au/app/peter-rabbit-bilingual-chinese/id380437537?mt=8

website version
http://www.nciku.com/books/peter_rabbit/

These look okay for kids (or very basic level)?
http://www.betterchinese.com/My-First-Chinese-Words-Series.html

https://www.youtube.com/watch?v=T8ifz5QWOOk

Are there any similar ones(ios apps/web books) but with chinese tales/legends ?

kudos! very good site!
thanks for the share
:)