Based off this documentation, it is possible to enroll an Android device as a work-managed device, that has access to the managed Google Play store:
I haven't figured out how to do this in Microsoft Intune. Would someone kindly explain how to achieve this?
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You will need to add the Android for Work binding as per here https://docs.microsoft.com/en-us/intune/android-enroll#enable-enrollment-of-android-for-work-devices
Deploying apps synced from the Managed play store is documented here https://docs.microsoft.com/en-us/intune/apps-add-android-for-work
Once you have set this up make sure that enrollment restrictions are set to allow Android for Work as per the below
Any further queries please shout
Apologies I have just looked at the article you are referring to. At this time the work managed device modes are not supported within Intune, only the work profile solution is supported