Consoles don't have that function yet only PC/Mac, we'll probly get it with the next patch (my guess when the moshino SP comes out on september 3).
@CrazyStrangee From the Patch Notes
"You might have heard about a new cheat in Build mode which will unlock a new set of Unknown objects for use on your lots. Bring up the cheat menu and use the cheat bb.showliveeditobjects to enable the cheat. After putting in the cheat, open the Search panel in Build/Buy and press RT (Xbox One) / R2 (PlayStation 4) to apply a blank search. You should find the new Unknown items at the bottom of your Build/Buy categories. To disable the cheat, type bb.showliveeditobjects false. How many new objects are there? No one knows for sure but there are potentially hundreds of new decorative objects depending on what packs you have installed. These objects are environment objects, which our artists use when creating worlds. As such they are not optimized for on lot use, so please be aware when using this cheat. The most obvious issue you may notice is that Sims will walk through these objects. Most importantly, using this cheat will not disable your ability to earn Trophies or Achievements." - EA_Lanna
Make sure you are following these steps to show the objects.
I did, but I couldn't find half the things that pc has.
I'll have another look when I'm with my Ps4 again.
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